Earlier quoted context omitted.
> just as crypto crashed Did crypto crash? Last I looked BTC was at 20K USD a pop ... strange definition of a crash for something that used to trade below a dollar.
Crashes don’t mean terminal. If the dollar (or any other currency)lost 70% of its value in less than a year then we would certainly say it crashed
At this point, BTC is very much known for its extremely high volatility (source: look at the price history since inception).
There hasn't been a single year since it launched where it hasn't displayed outrageously wild swings: at this point, it's pretty clear that the wild volatility is an intrinsic attribute of this particular asset class.
Therefore: not a crash, just Bitcoin's business as usual.