tldr; Crypto winter is a market crisis where prices have plummeted dramatically and then continued to stay in the same state for weeks or months. The term was first used in 2018 when BTC lost more than half of its market cap, causing an industry-wide fall. Since November 2021, the crypto industry witnessed a fall of nearly 60% bringing its worth to $1 trillion from $3 trillion.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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