Bitcoin and the COIN50 index have recently fallen below their respective 200-day moving averages, signaling a potential shift toward a bear market in the crypto sector. We anticipate that the market may stabilize in the mid-to-late second quarter of 2025, setting the stage for a rebound in the third quarter. Key Takeaways: By mid-April, the total market capitalization of cryptocurrencies excluding Bitcoin had dropped from a December 2024 peak of 1.6trillionto950 billion, a 41% decline. Additi...

Bitcoin and the COIN50 index have recently fallen below their respective 200-day moving averages, signaling a potential shift toward a bear market in the crypto sector. We anticipate that the market may stabilize in the mid-to-late second quarter of 2025, setting the stage for a rebound in the third quarter. Key Takeaways: By mid-April, the total market capitalization of cryptocurrencies excluding Bitcoin had dropped from a December 2024 peak of 1.6trillionto950 billion, a 41% decline. Additi...