Is it currently a crypto winter? Market shifts following regulatory reforms
Author: Ryan Yoon, Source: Tiger Research, Compiled by: Shaw, Golden Finance
Key points
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The cryptocurrency winter follows this sequence: major events → collapse of trust → brain drain.
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The past winter was caused by internal issues; the current fluctuations are driven by external factors—it’s neither a harsh winter nor a mild spring.
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The regulated market is divided into three tiers: regulated zones, non-regulated zones, and shared infrastructure; the trickle-down effect has disappeared. -
ETF funds remain in Bitcoin and do not flow out of the regulatory zone.
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The next bull market will require killer use cases and a favorable macroeconomic environment.
The regulated market is divided into three tiers: regulated zones, non-regulated zones, and shared infrastructure; the trickle-down effect has disappeared.1. How did past cryptocurrency winters come about?
The first winter occurred in 2014. At…
