Crypto winter could last several more months, but that’s historically when the industry does its best work in preparation for the next bull run.
, a term that refers to an extended bearish period, it could last for several months more.
Seasoned crypto investors have been here before and are rarely spooked by extended low periods. Bitcoin has only experienced one crypto winter before: For example, interest – and money – in NFTs boomed in 2021. Most people still only see them as digital art, a concept that's hard to grasp for many. People also overlook other potential uses for NFTs. For instance, an NFT of a house deed could provide a history of property ownership, while NFT medical records may offer patients a safe way to share information with doctors, Vicuna said.