As a matter of facts, many economy of different countries are facing uncertainty with strong inflation impacts. The crypto ecosystem has it's share of market uncertainty and it has some link to the world markets.
Again, crypto has it's market circle that will always bring in Bull/Bear markets, unfortunately, this is the bear periods couple with high inflations on the US and different countries.
I think every bear market will definitely pave ways for market recovery and the results, the Bull run periods.