5 events that could put an end to the current crypto bear market

The bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. Here’s a look at five potential catalysts that could pull the crypto market out of its bearish state. A successful merge of the Ethereum network could help pull the market out. A spot Bitcoin exchange-traded fund could usher in a new wave of institutional adoption that could bring about the end of the crypto winter as new funds flow into the market. El Salvador became the first country in the world to adopt Bitcoin as a legal tender for its citizens in April 2022. Central African Republic (CAR) became the second country to do so so, pointing to a growing trend of use of BTC as a daily Bitcoin purchase. Source