Crypto winter has 250 days left if the market cycle repeats: Grayscale

Crypto winter has 250 days left if the market cycle repeats: Grayscale

The crypto industry has endured some infamous bear markets, and the 2022 downturn will be remembered for its acid test of decentralized finance platforms and over-leveraged trading. Grayscale Investment's latest Insight report provides interesting food for thought, pinning the start of the current bear market in June 2022,  which could last another 250 days if previous market cycles are to repeat themselves.Grayscale notes that cryptocurrency markets mimic their conventional counterparts with cyclical movements. Bitcoin (BTC) market cycles conventionally last 4 years or approximately 1,275....


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