Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed.
As the popular topic of conversation now centers on bearish predictions of how low Bitcoin (BTC) will go and how long this iteration of the crypto winter will last, those with more experience on the matter know that it’s virtually impossible to predict the bottom and it would be wise to apply those energies elsewhere.
Instead of focusing on the when of the end, perhaps it’s more constructive to explore what events might help pull the market out of the bear market depths and put it on a path to its next up cycle.
Here’s a look at five potential catalysts that could pull the crypto market out of its current malaise.
A successful Ethereum merge
One of the most highly anticipated developments of the past five years has been the ongoing transition of the Ethereum network from proof-of-work to...
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