The Bitcoin drop has highlighted the highly volatile nature of cryptocurrencies and how this astounding growth that has triggered portfolios can easily be reversed.  Indeed, a number of cryptocurrency companies are facing liquidity crises due to the market downturn, as the market downturn has damaged cryptocurrency projects and companies in all fields.

 This month, lending company Celsius Network, which promised users ultra-high returns for depositing their cryptocurrency, temporarily suspended withdrawals to customers, citing “harsh market conditions.”

 Another crypto lender, Babel Investments, said this month that it was "facing extraordinary liquidity pressures" and halted withdrawals.