The value of cryptocurrencies, including bitcoin and ethereum, has decreased significantly this year.
The decrease in value has been referred to as a "crypto winter," with around $2 trillion being wiped from the market.
The value of bitcoin has fallen below $17,000, down from nearly $70,000.
The value of ethereum has also decreased significantly.
The market crash may have caused a $65 billion "earthquake.
The decrease in value has caused serious problems for some of the largest crypto companies.
Brian Armstrong, the CEO of Coinbase, has warned that there may be further negative consequences from the collapse of rival exchange FTX.
Despite the current market situation, some experts have made bullish predictions about the price of bitcoin in 2023.