How long does a crypto market last?

The history of crypto could be broken down into several four-year cycles, according to Horsley. “Historically, bitcoin and the crypto space are up for three years, and then it has a bear market, seeing a drawdown of usually 60% to 70%,” he said. Bitcoin returns in every four year-cycle.

Why did crypto prices rise in 2021?

Crypto prices received a boost from different applications of blockchains from 2019 to 2021, said Horsley. In 2022, as the Federal Reserve raised interest rates for more than a year, bitcoin and ether both declined over 60%.

What are the biggest impediments to cryptocurrencies maturation & adoption?

“For the last four or five years, the biggest impediment to crypto’s maturation and adoption has always been regulatory clarity.” As U.S. regulators increase their oversight of the industry, “it means that some projects and assets will be on the wrong side of the line. And there’ll be a price to pay for that.

Is crypto a bull market?

If history is any guide, crypto has a bull market ahead of it for the next two to three years, he said. Bitcoin gained over 80% so far this year to around $30,000, but is still down more than 50% from its all-time high in 2021, according to CoinDesk data.