Author: External Team

In the summer, when crypto markets crashed alongside the global financial market, it caused an unprecedented chain of events led to the current reality within the cryptocurrency industry. The crash resulted in a bear market, an extended period of extreme market volatility, and negative prices. However, at the time, no one could have known how terrible and detrimental the bear market would be for the cryptocurrency industry. The ongoing bear market has laid siege to the industry over four months, putting a severe strain on its day-to-day activities and affecting the businesses of crypto regulars, such as investors and traders. It is a situation that many analysts are predicting should be over in the coming weeks.