Coinbase Reports 41% Drop in Altcoin Market, Predicts Potential Crypto Rebound by Q3 2025
Coinbase’s latest market report paints a mixed picture for the crypto market, showing signs of decline but also potential for recovery later in the year.
The report, published on April 15, reveals that the altcoin market cap has dropped by 41%, from $1.6 trillion in December 2024 to about $950 billion by mid-April 2025. This marks a significant contraction, with the market reaching as low as $906.9 billion on April 9. Venture capital funding for crypto projects has also decreased by 50-60% from the highs of 2021-2022, with these factors contributing to a gloomy outlook for the sector.
David Duong, Coinbase’s global head of research, pointed to these issues, alongside global trade tariffs and ongoing economic uncertainty, as…
