In addition, three banks have closed their doors: Silvergate Bank, Silicon Valley bank, and Signature Bank.
In that same period, Deutsche Bank notes that, although the crypto winter is far from over, Bitcoin "could be emerging as a 'north star'."
It has been a year full of major events for the crypto ecosystem.
From the beginning of 2023, the SEC has made efforts to crack down on the crypto market, charging several key players as well as proposing an extension to federal custody requirements to cryptoassets.