Crypto Winter vs. Bear Market – Explaining the Similarities and Differences

As cryptocurrency investors continue to navigate the ongoing crypto winter, what is a crypto winter and how does it compare to a bear market?

Between January 2018 and December 2020, Bitcoin fell about 80%. While this crypto winter hasn’t been that brutal, it’s more common to hear the term due to the rise in popularity of cryptocurrencies. With so many companies out there focused on the space, many have had to announce hiring freezes and even layoffs. Gemini, Coinbase, and are just a few companies that have had to redirect their focuses.

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