Events that led to the 2022 crypto crash

According to the crypto bull and bear market cycle, every bull run is succeeded by a bear run and vice versa

Rising inflation concerns and Federal Reserve’s interest rates tightening

A bankruptcy filing by crypto exchange FTX, forced liquidation of Three Arrows Capital on a loan default, the Luna crash and withdrawal freeze by the Celsius Network

Investing through leveraging, resulting in panic selling

The Solana hack drained funds from approximately 8,000 wallets on the Solana network