image credit: pvproductions / Freepik

Is Crypto winter over? depends who you ask

November 14, 2023


The chills of crypto winter have nipped at investors, companies, and coins for much of the past year. But, in light of Bitcoin’s recent surge past $37,000, some think that frigid market conditions may be finally easing up.

On Wall Street, bull markets occur when a major stock market index like the S&P 500 or Nasdaq Composite rallies for a sustained period of time. As a technical rule of thumb, bull markets are defined by a 20% increase in an asset from its low.

Coined by an industry that’s still in its nascency, crypto winter is less of a technical term and more of a vibe, which likely draws inspiration from the cautionary motto of House Stark in the HBO series “Game of Thrones,”: Winter is coming.

Read More on Fintech News