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Great explanation, I also see some correlation between crypto and stock markets, the last December rise followed with January drop was significant not just in crypto. And I agree with the opinion, that crisis could hurt crypto at least in the beginning. But hope for the strengthening the position later on.

I thought Bitcoin would be the new safe haven... but I think you are correct - right now it looks as if it will be dragged down as well.

Yes, but this future is still far away.