But while it may be impossible to predict this volatile market, some experts have pointed out that knowledgeable investors can take advantage of this crypto winter to make some prudent long-term investments in the space. Meanwhile bitcoin and ethereum, once the flagship tokens of the crypto industry, are down 52% and 67%, respectively, year-to-date.Ĭrypto is crashing, and not for the first time either. The once-hot crypto company Luna suffered a $60 billion capitulation following the crash of its stablecoin, TerraUSD, leaving its investors disillusioned and depressed. It was an incredible period of growth for the nascent industry - but all that has come to a grinding halt in 2022. Decentralized finance (DeFi) saw its total-value locked explode from $630 million to over $250 billion that same year.

Non-fungible tokens - or NFTs - became a $41 billion market and the word of the year in 2021.

We asked 15 crypto experts for their top book recommendations to help you get smarter on crypto.Ĭryptocurrencies are one of the most perplexing assets in the world.īetween March 2020 and November 2021, bitcoin (BTC) surged over 1259%, while ether (ETH) rose 4183%.Īnd while the price increases of the two biggest cryptocurrencies over a mere 20 months is certainly impressive, what's even more astounding is how the crypto industry exploded during that period.Īltcoins and meme cryptocurrencies like Dogecoin saw tremendous growth after endorsements from the likes of Elon Musk and Mark Cuban.

Investors are wondering what to make of digital tokens after their recent crash and crypto winter.

Cryptocurrencies have become too big to ignore after the industry exploded in 20.

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