Bitcoin Bear Market Enters 'Deepest and Darkest' Phase

The video discusses the ongoing crypto winter, highlighting its causes such as Fed rate hikes and macroeconomic factors. It examines the correlation between cryptocurrency and tech stocks, mentioning significant events like the Luna and Celsius crises. The video analyzes Bitcoin's recent price drop, with experts predicting potential bottoms. It also covers the impact on major crypto firms like Coinbase and MicroStrategy, which are adjusting to the market volatility through layoffs and strategic decisions.

What is the general sentiment regarding the volatility of Bitcoin among investors mentioned in the text?

What actions are some big crypto firms like Coinbase taking in response to the market conditions?