Analysts at Coinbase Research have released a report warning about a potential onset of a crypto winter, citing current market conditions.
Warning of Crypto Winter
The latest report from Coinbase Research noted that both Bitcoin and the COIN50 index have fallen below their 200-day moving averages, which may signal the beginning of a long-term market downturn.
Analysis of Macroeconomic Factors
Analysts led by David Duong, head of institutional research at Coinbase, stated that macroeconomic pressures such as global tariffs and fiscal policies have decreased risk appetite, leaving markets in a state of 'paralysis'. This has triggered extreme negative sentiment, which may herald a new crypto winter.
Coinbase's Optimism for the Future
Despite the negative signs, Coinbase remains optimistic about the second half of 2025. The analysts believe that the market could shift quickly, and they advise investors to exercise caution while maintaining a hopeful outlook for recovery.
The future of the cryptocurrency market remains uncertain, with current signs suggesting a potential downturn; however, Coinbase experts predict a possible recovery in the latter half of 2025.