In the absence of liquidity, since all programs have been curtailed, and therefore there is no possibility to pump the markets of risky assets with money, and cryptocurrencies just belong to the group of risky assets. The global economy is preparing for a recession and ever-increasing inflation, which, according to some forecasts, will only decline from the spring of 2023. The crypto market is designed in such a way that once every 2-4 years there is complete silence and a drop in trading volumes, along with volatility, then, after finding the bottom, the industry comes to life and recovery begins.