> What were the conditions that facilitated their hyper growth phase? A huge wave of crypto hype and a worldwide asset price bubble (including their stock pric

> What were the conditions that facilitated their hyper growth phase? A huge wave of crypto hype and a worldwide asset price bubble (including their stock price as well as crypto currencies) fueled by central-bank money printing during Covid. > Are we moving to a place where people are trading less and holding more? Well, just trading less, as the crypto collapse is going to burn (has already burned) so many people that it will take some time before the next round of hype and FOMO builds, so that a new set of bag holders can be found.