The matter is that because of instability in the world and the difficult economic situation many people do not trust fiat at all because inflation in many countries is very big.
In such a situation, many people prefer to use cryptocurrency for investment purposes and to buy different goods.
More and more shops started to accept cryptocurrencies.
It is hard to say how long will be a fall in the market and when the situation will change.
During the fall of the market, stablecoins are popular and they are actively used by traders.