In November alone, the prospects of crypto looked worse with the collapse of FTX.com. FTX.com filed for bankruptcy on Nov 11 after it experienced a surge of customer withdrawals from its platform.
The cryptocurrency market has always been a volatile one. In 2021, crypto prices surged to all-time highs, making billionaires out of investors.
The reverse happened in 2022 when prices of some of the biggest coins fell by nearly 50% in the first half of 2022.
