+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeNewslettersNextShare

I know what you did last crypto winter…

  • The current bear market in cryptocurrencies has many worried that another ‘crypto winter’ may be on the cusp of setting in.
  • The last time this occurred Bitcoin’s value fell by 80% in less than a year.
  • Business Insider’s monthly comic strip, ‘Bitter Coin’ takes a comical take on what could be running through the minds of cryptocurrencies during the doldrums.
The recent lull in the market has many speculating that another ‘crypto winter’ may be in the making. The last time this happened was between late 2017 and early 2018. At the time, Bitcoin’s price tanked by 80% from its then all-time-high.

But, not all analysts are on the same page. Others believe the red in the markets is the usual seasonal dip seen at the beginning of any new year and the prices of cryptocurrencies will most likely be back up in April, enroute to beat their last all-time-high — which happened in November 2020 — before the year’s out.

Here’s the sixth story in a series that we, at Business Insider, like to call ‘Bitter Coin’ — we know what you did last crypto winter.
Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!