is bitcoin in a bear market

The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global market capitalization of crypto dropped below the $2 trillion mark in January 2022. Since then, the price of Bitcoin (BTC) has decreased by over 70% from its all-time high of $69,044.77, reached on Nov. 10, 2021. Similarly, the values of other major cryptocurrencies such as Ether (ETH), Solana (SOL), Avalanche (AVAX) and Dogecoin (DOGE) have decreased by around 90%.  So, does history tell us anything about when the bear market will end? Let’s start by examining the causes of the 2022 bear market. Catalysts of the 2022 bear market There are several factors that caused the current bear run. First off, the build-up to the bear market started in 2021. During this...