Original Title: Is This a Crypto Winter? Post-Regulation Market Shift

Original Author: Ryan Yoon, Tiger Research

Original Compilation: Luffy, Foresight News

As the market enters a downturn cycle, skepticism surrounding the cryptocurrency market continues to grow. The key question now is: Have we entered a new crypto winter?

The first crypto winter began in 2014. At that time, the Mt. Gox trading platform accounted for 70% of global Bitcoin transactions. Approximately 850,000 Bitcoins were stolen in a hacking incident, causing an immediate collapse of market trust. Subsequently, new trading platforms with internal controls and auditing functions emerged, gradually restoring industry confidence. Ethereum also debuted through an Initial Coin…