Crypto Winter Deepens: Analyzing the Impact of the 2022 Crash

The cryptocurrency market experienced significant upheaval in 2022, marked by a dramatic downturn and the collapse of FTX. These events triggered the current crypto winter, leaving many facing skepticism about the future of digital currencies. Bitcoin (BTC) and other assets remain in precarious conditions, struggling to recover from the recent crash. This article explores the reasons behind the ongoing decline and the challenges faced by miners during this period.