Volumes are down around 33% on Coinbase. Lots of big money will just trade ETFs and more importantly showing Retail doesn't have too much money right now. Big money cycle and pushing out the middle is the goal
Market is starting to bifurcate between coins competing for tradfi inflows (ETH, BTC) and those competing for CT flows (SOL, alts etc) I would expect the latter category to become more competitive as we see high profile L1s (bera, monad, etc) launch and compete for CT flows We…
BTC + ETH + SOL liquidity black hole this cycle. big boys gonna move the needle now, not retail/us lol. anyone not decently allo'd to majors is gonna feel a very frustrated cycle imo
The cryptocurrency market is experiencing a significant shift as Ethereum (ETH) crosses its all-time high (ATH). Analysts predict a pivot towards gas tokens and altcoins with more utility and fundamentals, such as Real World Assets (RWAs) and consumer crypto. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are expected to dominate liquidity, with institutional investors driving the market rather than retail traders. This bifurcation in the market is leading to increased competition among coins vying for traditional finance inflows and crypto trader flows. Additionally, trading volumes on Coinbase have decreased by around 33%, indicating a lack of retail participation and a focus on big money cycles.