I think crypto has been overhyped for a while. We need to see it really being used for it to deserve the high prices we've seen. Realism may be setting in as legislators catch up with it. I say this as someone who never bought into Bitcoin, but if you did that a few years back then you are still making massive profits.
The Benetton news is important. If people can actually spend their crypto then more will get into it. Steem is well placed for that with rapid, free transfers. We need to make that better known. Bitcoin is too slow and expensive a lot of the time.
RE: The crypto market has fallen to the lowest level since November last year