As of the second quarter of 2022, cryptocurrency stocks pose the greatest risk on the stock market.

Bloomberg reports that the market’s most pressing issue for the second quarter of 2022 is the decline in the quotations of cryptocurrency businesses.

The two companies whose prices have dropped the most since December are MicroStrategy and Coinbase, with respective decreases of 75% and 62%.

Stronghold Digital Mining, Riot Blockchain, and Marathon Digital Mining all incurred losses of a comparable magnitude. In less than six months, the cryptocurrency market has lost more than $1 trillion, and 2019 has been the worst year for the top 100 digital asset index since 2018.

The 33 cryptocurrency equities tracked by the NYSE FactSet Global Blockchain Technologies Index have dropped 65 percent in the past year.

According to Steve Sosnick, chief strategist of Interactive Brokers LLC, “crypto stocks are effectively a leveraged gamble on one of the riskiest assets. Additionally, he said that some “meme” and “trash” promotions might only make you lose more money.

Despite the state of the market, the average anticipated return on cryptocurrency equities is close to 200 percent annually, which is five times greater than the average for the Nasdaq 100 index. Those that take risks may profit from everything.