This can make it difficult for cryptocurrency holders, particularly those who bought cryptocurrencies in the late 2021 price spike. (BTCEther (ETHAltcoins, in particular, appear to be going through a major reset. They are now down at least 50% from their November highs.

There are concerns that crypto adoption could decline further and that there will be a loss of whole generations. “If the market decline continues, it will become too painful and retail investors will bail,” Eben Burr, president of Toews Asset Management, SubmittedReuters, earlier in the month. “Everyone has a breaking point.”