The Bitcoin 2023 conference in Miami Beach saw a smaller turnout than last year, with attendance down to 12,000 from over 25,000. The event was more subdued than previous years due to the losses suffered by many attendees during the digital asset market's annus horribilis of 2022. However, despite this downturn, crypto prices have recovered somewhat this year. The conference featured booths and exhibits showcasing various companies' products and services related to cryptocurrencies and blockchain technology. Miami has been trying to establish itself as a hub for fintech and crypto startups in recent years under Mayor Francis Suarez's leadership.
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