From Yahoo Finance: 2025-04-19 10:01:00

Coinbase Institutional predicts the start of a bearish cycle in the cryptocurrency market. Bitcoin and major altcoins have dropped below a crucial technical level. They expect the bear market to be short-lived. The market faces uncertainty and declining prices, raising questions about the end of the bull market cycle.

The institution sees signs of a new ‘crypto winter,’ with falling prices, low volumes, and negative sentiment. Bitcoin has been in a bear market since late March, and altcoins since February, based on the 200-day moving average. This technical indicator helps identify long-term trends in the market.

The total cryptocurrency market capitalization, excluding Bitcoin, has dropped 41% from its 2024 high. Venture capital funding in the crypto space is over 50% lower than during the previous cycle. Despite the bearish outlook, Coinbase Institutional believes the market may rebound in mid-to-late 2025, citing global liquidity recovery and positive regulatory developments.

Cardano’s founder predicts Bitcoin could reach $250,000 this year, despite current struggles. Regulatory developments under President Trump and the push for pro-cryptocurrency laws may support the market. Overall, Coinbase Institutional remains optimistic about a potential recovery in the third quarter of 2025, as market conditions evolve. 1. The stock market experienced a significant drop today, with the Dow Jones Industrial Average falling by 500 points due to concerns over rising inflation and interest rates.

2. The unemployment rate has decreased to 4.2%, with 210,000 new jobs added in the past month. This is the lowest unemployment rate since before the pandemic began.

3. In international news, tensions are escalating between Russia and Ukraine, with both countries deploying troops near the border. The situation is causing concern among neighboring countries and the international community.

4. In technology news, Apple has announced their latest product launch event, where they are expected to unveil new iPhone models and updates to their popular AirPods.

5. The United Nations has released a report warning of the growing threat of climate change, with rising sea levels and extreme weather events becoming more frequent. The report calls for urgent action to address the global climate crisis.



Read more at Yahoo Finance: Coinbase Institutional Says Several Signs Point To ‘Crypto Winter’ But Remains Optimistic About H2 2025