Bitcoin tumbled to a 15-month low today. Ethereum has all-but petered out. Heavyweights like ConsenSys are laying off staff, and many ICO startups are running out of cash before launching their products. You have to admit, things don’t look particularly good from any angle.

In the past seven days, the valuation of the crypto market has dropped from $117 billion to $102 billion, by just over $15 billion. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) performed poorly against the U.S. dollar, experiencing losses above the 10 percent mark.