Definition
The periodic collapse of cryptocurrency valuations where billions in imaginary wealth evaporate and crypto bros go silent on social media for several months.
Example Usage
We're launching our blockchain startup right as crypto winter begins, which is terrible timing but our pitch deck still has a cartoon astronaut, so we're optimistic.
Origin
Specific application of the financial term 'winter' to crypto market cycles
Fun Fact
Crypto has experienced at least 5 'winters' since Bitcoin's launch, yet somehow new startups keep launching blockchain solutions nobody asked for
Source: Cryptocurrency and blockchain terminology
Related Terms
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See “Crypto Winter” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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