What do layoffs at Crypto.com mean? Crypto winter rages on

Key TakeawaysCrypto.com is laying off 20% of its workforce, having cut 5% last summer
Fellow exchanges Coinbase, Kraken, Huobi and Swyftx have all downsized over last month
Tech sector as a whole is laying off thousands, with Amazon, Salesforce, Meta and Twitter just a few of the big names
Crypto sector misjudged its vulnerability to price levels in the market
Volatility of Bitcoin was overlooked as companies expanded aggressively during COVID 
Crypto.com has become the latest crypto compan