What’s Next for the Industry as ‘Crypto Winter’ Thaws? By Cointelegraph

What’s Next for the Industry as ‘Crypto Winter’ Thaws?

It’s hard to tell who was the first to coin — if you’ll forgive the pun — the name for the dramatic price drop of (BTC) and altcoins as the “crypto winter.” But the name accurately captures the simultaneous collapse of around 2,000 global cryptocurrencies that lost a total of 80% of their aggregate market cap.

The term “crypto winter” probably came into more widespread use after BTC’s price drifted south to around $3,000 per Bitcoin in December of 2018, it’s lowest price in more than a year.

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