The weather may be warming and the sun might be shining outside, but for cryptocurrency investors, winter has come. Bitcoin, the largest and best-known cryptocurrency, has collapsed nearly 70% from $67,000 at the highs to just $21,000 today, resemblant of the crypto crash of 2017. ETH, the “oil” of crypto, with the Ethereum blockchain powering NFTs and smart contracts, is down even more from nearly $5,000 at the highs to just $1,200 today. Liquidity in the NFT space is drying up too, with the floor price of projects plummeting as people pull their cash from platforms such as Opensea. With stablecoins like Terra Luna collapsing and some indications of contagion with the bailout of BlockFi by FTX, what’s behind all of this, and how should you think about crypto from here?