Users on Myriad, which is owned by Decrypt parent company Dastan, rate a 9% chance that markets are headed for crypto winter.

Investors are staying on the sidelines as bitcoin remains a speculative "wild ride," says Tom Essaye of Sevens Report.

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Could the risk-off sentiment that’s infected crypto spill over to other parts of the market? The next move in bitcoin might tell us.

Bitcoin dropped up to 8% in New York, hitting $83,824. This means it has lost almost 30% of its value since early October.