Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
There is too little money in the cryptomarket and too little adoption mass for cryptocurrencies to trigger a financial crisis.
If you are talking about "crypto winter" then it happens regularly and this can be called a local financial crypto crisis, but not a global one.