Gemini is a New York based crypto exchange founded by the Winklevoss twins of Facebook fame and they got caught up in the Genesis bankruptcy and are a major creditor seeking repayment. It’s looking doubtful that they’ll recover all of what they’ve lost so far. So in the end I do think that existing market players in crypto will come under more scrutiny and more pressure.
- Together, they control 89% of what remains of centralized crypto lending and 27% of the overall crypto lending market when including crypto-backed stablecoins.
- They’ll look at transactions to and from crypto exchanges and attribute that to sell or buy signals and they try to get information around there.
- The Bitcoin blockchain is public, so you can see all the information as it happens in real-time on the blockchain.
- Joshua is passionate about the intersection of traditional (TradFi) and decentralised finance (DeFi) and the potential of DeFi to revolutionise the financial sector.
Galaxy notes there may be some double-counting between centralized and decentralized loan books, as institutional lenders often use these and other DeFi protocols to originate loans for their clients. Today, the total crypto lending market stands at $36.5 billion, still 43% below its $64.4 billion peak in late 2021. DeFi platforms now account for 63% of crypto borrowing (excluding crypto-backed stablecoins), nearly double their share during the last bull run. Knowing a coin’s crypto market cap can help crypto users make better investments, as they’ll have a fact-based look at how a specific coin/token is performing. Crypto market cap, short for cryptocurrency market capitalization, indicates the overall value of all coins that have been mined.
Joshua is passionate about the intersection of traditional (TradFi) and decentralised finance (DeFi) and the potential of DeFi to revolutionise the financial sector. At CCData, an affiliate of CoinDesk, Joshua has launched numerous research reports and played a key role in developing the first institutional-grade Environmental, Social, and Governance (ESG) Benchmark. He has participated in discussions on Stablecoins, CBDCs, and ESG considerations with leading industry figures and regulatory bodies.
Investor sentiment and market trends
All of these economic conditions influence the price of a specific coin/token in their own way. The White House said China now “faces up to a 245% tariff on imports” and imposed new restrictions on chip exports to the country. Bitcoin (BTC) fell more than 2.2% while the broader market, measured by the CoinDesk 20 (CD20) index, declined 3.75%. Sign up for free online courses covering the most important core topics in the crypto universe and earn your on-chain certificate – demonstrating your new knowledge of major Web3 topics. On March 30, 2025, as of this writing, the Crypto Fear and Greed Index stood at 32 (Fear), up from 17 (Extreme Fear) earlier in the month.
However, some prices are excluded from the average if the price isn’t indicative of a free market price. For example, an exchange can disable withdrawals or deposits, making it impossible for anyone else outside of the specified geographical region to use it. Per Bloomberg’s Lisa Abramovicz, there is deep skepticism in cheering Trump’s late Friday pivot.
What is Crypto Market Cap?
Cryptocurrency prices are down across the board over the last 24 hours amid a wider risk asset sell-off triggered by deepening U.S.-China trade tensions. Not all financial analysts agree that a 20% swing should be considered the standard for measuring whether a market is in bull or bear territory. Capitulation is when an investor, often driven by fear or panic, gives up on trying to recover losses and sells their assets. This typically happens after a prolonged market downturn triggered by a massive event, like the collapse of FTX in November 2022. In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.
Chart of the Day
By contrast, ether fell 45.3% — underperforming most major assets amid continued migration of user activity to Layer 2s and a lack of positive catalysts. U.S. spot ETH ETFs saw net outflows of $228 million in Q1, compared to net inflows of over $1 billion for bitcoin ETFs. The ETH/BTC ratio declined to 0.022, its lowest level since May 2020, reinforcing the shift in relative dominance this cycle. Some of the https://hor-tax.com/ more mainstream fintech players are more active in the crypto space. Some of the larger financial institutions that may have had crypto projects are rethinking how active they want to be in the space. So I do suspect that some large financial institutions have probably put on pause or are reassessing their crypto strategies, but the fintech players themselves are going to remain active and continue to build.
It’s much more liquid and transparent than conventional fixed income, while paying a yield that’s comparable to an investment-grade bond. A lot of large institutions are holding bitcoin, and being able to turn that into a fixed income-style product where they can earn yield is very attractive,” adds Powell. “We, among others, are looking at how we can package and tokenize that asset for institutional consumption. CryptoMarketCap calculates various crypto prices by taking the weighted average of the reported volume of market pair prices.