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Uyen Nguyen
@uyennguyen
Coinbase Institutional warns of converging signs that suggest 'crypto winter' is coming Several converging signals may be pointing to the start of a new "crypto winter," according to Coinbase Institutional, amid extreme negative sentiment following Trump's recent tariff turmoil and the potential for further escalation. The total crypto market cap, excluding bitcoin, now stands at $950 billion, Coinbase Institutional Head of Research David Duong noted in a Tuesday report — representing a substantial 41% decline from its December 2024 high of $1.6 trillion and 17% below levels from the same period last year. To put it in perspective, that's even lower than most of the period between August 2021 and April 2022, he highlighted.
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