Crypto is losing value because it never had true value.

There is one value crypto has that is an incredibly small edge case that is so small it isn’t worth mentioning. I agree the value of crypto is totally overblown and is not an investment asset.

crypto enthusiasts are dumping their dangerous play money for something that has a chance to keep its value in turbulent times.

I’m guessed this too, but to what? What is still maintaining value when crypto, dollars, and precious metals are all falling? Are they just choosing the that is falling the least fastest?