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.

Being a new asset class comes with volatility, which is why Wall Street’s lens may not work for crypto. Questions over whether the freeze has thawed persist, despite a 77% increase in the total crypto market cap from $823 billion last December to $1.4 trillion on Friday, according to CoinGecko.

Considering crypto’s recent pop and inflows of over
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Author: André Beganski

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