I think on the contrary, if the economy does not develop, it will also have a huge impact on crypto. When life is stable, people will have a lot of idle money and from there will look to investment channels to increase assets as well as increase income. But when the economy is in recession, people will have difficulty in daily life, and they will only care about life and not spend too much money and time investing.

Even in this crisis, we can feel it. Not only cryptocurrencies but even the stock market are not immune to the impact, the entire financial industry fell into a severe slump this year. Crypto too are part of the world economy and is not immune.