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How do you buy on crypto.com | Key Takeaways A crypto winter, or cryptocurrency winter, is a period of lower cryptocurrency prices. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. The market then was awash with so-called initial coin offerings, where people poured money into crypto ventures that had popped up left, right and center � but the vast majority of those projects ended up failing. Shortly after filing for bankruptcy, the exchanges were hit by an apparent hack, which drained hundreds of millions of dollars from user wallets. We also reference original research from other reputable publishers where appropriate. The Financial Times reported last month that 3AC failed to meet a margin call from crypto lender BlockFi and had its positions liquidated. Though there's a possibility for exceptions, investors should plan on a market-wide downturn during crypto winter periods. |
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Start of Crypto WINTER?! What You NEED To Know!!Crypto winter is a common expression that refers to a poorly performing cryptocurrency market. The term is comparable to a bear market in the stock market. A crypto winter is loosely defined as an extended period when cryptocurrency prices move lower, combined with a decrease in overall trading. Crypto winter is a prolonged period of pricing weakness in the cryptocurrency market. The phrase likely came from the hit HBO series, �Game of.
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