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A crypto winter is upon us — and the big question is how long it will last?
It’s hot outside in New York City, but there’s a crypto winter in the markets – and it’s likely to get worse before it gets better, industry players tell On The Money. To be sure, we’ve seen this before: 2018, 2020, then in 2022, when a confluence of factors including the FTX scandal that landed Sam Bankman-Fried in jail sent digital currencies down more than 70%. We’re suffering through a similar slump now, with about 54% of the total crypto market value being eliminated since prices hit their peak in October 2025, when the most popular coin, Bitcoin, hit its high of $126,000. It’s currently hovering ... (full story)
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