The crushing collapse of the cryptocurrency market continues.

The global cryptocurrency community continues to worry about the global fall of their favorite coins. According to an investigation by the authoritative Morgan Stanley, it turns out that coin prices have been skyrocketing for two years due to low interest rates and an increase in central bank balance sheets. Now, the US Federal Reserve and other central banks are deliberately slowing down their bank expansion and preparing markets for higher interest rates, which is why the leveraged cryptocurrency markets are in decline.

Let's consider the current situation using the Internet Computer (ICP) crypto asset as an example - this coin helps to reduce computational costs for smart contracts of the entire Internet. The cryptocurrency has fallen sharply from its peak of $700 USD, shedding -97.0% and is now trading at $21, which has led investors to panic and think about its potential.