Crypto market may stabilize in late Q2: Coinbase report

Coinbase has warned that crypto may be entering a new bear market, but it expects prices to find support between May and June, potentially setting up a stronger Q3.

In its monthly report published on Apr. 15, Coinbase noted that the total crypto market cap, excluding Bitcoin (BTC), has fallen 41% from its $1.6 trillion peak in December 2024 to about $950 billion. At the same time, venture capital investment in crypto remains 50–60% below the highs seen during the 2021–2022 cycle.

These developments, along with global tariffs and ongoing economic uncertainty, have added pressure to the market, particularly for altcoins. Many investors usually define a bear market as a 20% price drop, but Coinbase believes this…

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