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Coinbase Institutional says the cryptocurrency market is at the start of a new 'crypto winter'

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64% Informative

Bitcoin and major altcoins have fallen below a key technical level.

Bitcoin has been trading in bear market territory since late March and altcoins, specifically the top 50 coins per market cap, since the end of February .

Bitcoin fell below the 200-day moving average on March 9 and has failed to hold above since.

Total cryptocurrency market capitalization, excluding Bitcoin , stood at $950 billion , down 41% from a December 2024 high of $1.6 trillion .

Click now to get top trade ideas daily , plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga ? This article Coinbase Institutional Says Several Signs Point To 'Crypto Winter' But Remains Optimistic About H2 2025 originally appeared on Benzinga.com 2025 Benzinga.com . Benzinga does not provide investment advice. All rights reserved..

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