The well-known exchange Coinbase released a market report on 4/15, indicating a significant retreat in crypto market funds, with confidence and technical indicators clearly weakening. It pointed out that Altcoin funds have dramatically declined, with market capitalization plummeting 41% from last year's peak. Although the market atmosphere is low, Coinbase also provided a slight boost of confidence, believing that this low point will bottom out in Q2 and potentially see a rapid rebound in Q3.
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ToggleAltcoin Market Cap Plummets 41%, Crypto Funds Dramatically Shrink
Coinbase pointed out:
Altcoin market capitalization dropped from the $1.6 trillion peak at the end of 2024 to $95 billion in mid-April, a decline of 41%
It even fell below $91 billion on 4/9, creating a new six-month low
Focus on long-term indicators and avoid chasing highs and selling lows
In the medium term, start locking in AI, DeFi, and other application-based projects, and gradually observe which ones survive and have strong fundamentals
Risk Warning
Crypto investment carries high risks, and prices may fluctuate dramatically. You may lose all of your principal. Please carefully assess the risks.



