The crypto winter is here, and it’s not going anywhere

6/22/2022, 12:05 PM
The crypto winter is here, and it’s not going anywhere
A liquidity crisis is a serious problem that can occur when people are unable to access the money in their account. This can happen for a variety of reasons, but one of the most common is when a bank blocks users from withdrawing or transferring funds. This can be extremely detrimental to both depositors and the bank itself, as it can prevent people from accessing their money and make it difficult for the bank to operate. In some cases, a liquidity crisis can even lead to the collapse of a financial institution