
Cryptocurrency markets have experienced a rather dull year so far. Investors are facing one of the longest winters, losing interest in one of the most exciting technologies of the past decade. This is shown by the massive flight of capital from VCs and retail investors, and the diminished valuation of the crypto market over a couple of years. At its highest point, in November 2021, the crypto market topped the $3 trillion mark but has gradually dipped over the past two years to $1.13 trillion, as of writing.