Why has the crypto market surged in 2023?
Could you elaborate on the reasons behind the significant surge in the cryptocurrency market in 2023? Have there been any specific factors, such as institutional investments, government regulations, or technological advancements, that have contributed to this growth? Have retail investors also played a significant role in this rally? Furthermore, what are the implications of this market surge for both investors and the overall crypto ecosystem? Are there any potential risks or challenges that should be considered in the current market conditions?