Bitcoin is overvalued and it is impossible to earn big profits investing in Bitcoin. Now NFT is more popular trend and NFT grow in price even more than Bitcoin. That is why appear a lot of NFT collections like this
https://twitter.com/SweepiesNFT/status/1511461460609667078 that attract users.
Usually a lot of newbies come to the market when cryptocurrency market rise but when market falls newbies sell their assets and leave the cryptocurrency market.
When cryptocurrency market falls many people lose their interest to cryptocurrency and stop investing.
But after the fall of the market will be a rise and in long term prospective cryptocurrency market rise.