Some experts believe that markets of cryptocurrency will bounce back from the crash in the next coming months, on the other hand, some other experts think that investor wariness will persist in the near-short term. I think cryptocurrency will rise again strongly. By the end of December or in January 2023, Bitcoin crypto may rise to a high of $70,000,” said Dileep Seinberg, CEO and founder of MuffinPay, a utility token, and bill payment, told FE Online. Few strong causes besides some geopolitical uncertainties are that Cryptocurrencies are becoming recognized because of their utility and purpose. The regulations of the Government are going to be the key drivers later in this year,” he also added. The correlation between the financial market and cryptocurrency is growing. Cryptos are responded to in tandem along with global financial markets that are hit due to the weak global cues.