Many crypto exchanges are laying off employees. Recentlycelsius recently has limited the withdrawal
The market meltdown and the suddenly disable on withdrawals of some platforms are very relevant to remind people again "Not your keys, not your coins"
Use non-custodial wallets to store your coin, not custodial wallets, not exchanges, not lending platforms.
Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
Forget about them. They are old and they don't mind to join new technology trend.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
How long will it last depends on what phase we are in right now.