Crypto Winter

The term Crypto Winter is a reference to a prolonged decline in the Bitcoin and cryptocurrency market. It became well-known as a description for the period from January 2018 to mid-2020, when the cryptocurrency market initially lost over 80% and then stagnated.

The term reemerged in early 2022, when Bitcoin and most altcoins crashed by more than 60% from their all-time highs.

See also: Rekt, Shitcoin, NGMI.

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