Crypto Winter Deepens As Bitcoin Continues Free Fall:
(HedgeCo.Net) The phrase “crypto winter” has always been more than a price chart metaphor. It’s a description of a financial ecosystem under stress—where liquidity contracts, leverage unwinds, confidence disappears, and business models built for bull markets are forced to prove they can survive the cold. Now, that winter is deepening again. Bitcoin’s continued free fall is not simply another drawdown in a famously volatile asset. It is the market’s way of repricing risk across the entire crypto stack: from leveraged traders and offshore derivatives venues, to stablecoin liquidity, to venture-backed protocols, to the public companies that act as crypto’s on-ramps.
When Bitcoin falls sharply and persistently,…
