The crypto market is definitely doing good, right now we have a crypto market cap of over 1,1 Trillion USD. This is great, as my benchmark is 1 Trillion once it is over that I feel anything is possible, But is this the end of the crypto winter? Well I would hope so, but things are so complicated right now that anything could happen, we could see a great surge or a collapse. The financial markets are crazy, I mean some people have actually lost nearly one hundred billion dollars, I mean just one person, so imagine how much the world's markets as a whole have lost. But again, this means nothing, what goes down today goes up tomorrow in this volatile world. I really think an end to the Ukrainian conflict could be good news for everyone, most of all for those suffering directly in this war, but also those who feel the economic impact of it.
But that is not the only problem, for some reason the attacks on Iranian installations have hardly made the news, an Israeli-Iran conflict would be catastrophic, and I don't mean the conflict itself with all the devastation that will happen. No, just think about it, a conflict there would automatically close the straight of Hormuz and the newly tapped source of gas for Europe, Qatar would be blocked, so Europe again would face a huge gas shortage, this would be more pressure on the financial markets. and there are a lot more variables. So, yes the Crypto market is doing all right, but it remains to be seen if world events tend to make this market better or cause it to crash. Let's hope things go all right.