Coinbase predicts the end of the crypto winter
Date: 2025-04-17 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
According to Coinbase specialists, the cryptocurrency market is experiencing another downturn. Bitcoin and the COIN50 index, which tracks the behavior of the 50 largest tokens, fell below their 200-day moving averages, which serves as an indicator of a new bearish trend. If for Bitcoin the trend change occurred at the end of March, then for most other digital assets the decline began back in February.
Analysts noted that the market is affected by the deteriorating macroeconomic situation, especially in the United States, where fiscal and tariff policies are being strengthened. This creates additional difficulties for risky assets, which include cryptocurrencies.
Since December last year, the total capitalization of the crypto market excluding Bitcoin has decreased by 41% - from $ 1.6 trillion to $ 950 billion. At the same time, venture investments are still 50-60% below their record levels of 2021-2022. The altcoin segment was particularly hard hit, while Bitcoin demonstrated relative resilience, losing less than 20% of its value. It has remained stable against the backdrop of an unstable situation on the stock markets and general economic pressure.
Experts recommend that investors take a wait-and-see, "defensive" position in the coming weeks. According to their estimates, the market bottom is expected to form by the end of June. Only after that can we expect a price recovery and gradual growth in the third quarter of 2025.
At the same time, Santiment analysts reported an increase in optimism among market participants. According to their observations, investors are beginning to believe in the recovery of the first cryptocurrency and expect an increase in its value in the medium term.
