Ethereum's market cap fell from its 2021 peak due to the 2022 "crypto winter." This downturn was driven by macroeconomic factors like rising interest rates and, critically, a cascade of major crypto collapses (e.g., Terra/Luna, FTX). These events severely eroded investor confidence, leading to widespread sell-offs and a significant reduction in ETH's market valuation.#INDIANstock
