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The crypto market has stopped noticing stock market problems

Market overview

The crypto market has been holding steady at around $2.4 trillion for the third day in a row. Current values are slightly above those from seven days ago ($2.35 trillion) and slightly below those from 30 days ago ($2.45 trillion), meaning that, for over a month now, prices have been stuck in a narrow range after the collapse in the second half of January. This lull may well continue. For comparison, the previous consolidation took more than two months, even though it occurred in a wider corridor.

Brian Armstrong, CEO of Coinbase, the largest American crypto exchange, called Bitcoin a decentralised international money that is resistant to inflation and functions without centralised control.
CryptoQuant draws attention to the ‘adoption paradox’ of Ethereum. In 2025, ETH network activity reached record highs, while the asset's price fell by more than 50% from recent peaks.

The market for tokenised shares on the blockchain grew by 2,900% over the year, reaching $1 billion. Along with shares, the entire RWA sector is growing. The total value of tokenised assets, excluding stablecoins, reached $26 billion, with $11.1 billion accounted for by US Treasury bonds.
The founder of Binance surpassed Bill Gates in the Forbes billionaire ranking. The magazine estimated Changpeng Zhao's fortune at $111 billion. The former head of the largest crypto exchange said that this data is incorrect.

Bitcoin is feeling more confident at levels near $70K, settling at the upper limit of the consolidation range of the last four weeks. It is difficult for Bitcoin to grow amid a strengthening dollar and falling stock indices. But the very fact that it is holding steady against this backdrop supports hopes for a fundamental change in sentiment compared to previous months, when almost any news was a reason to sell BTC.

News background

The crypto market has entered a period of stabilisation, but Glassnode believes that a full return to a Bitcoin bull market requires an influx of new capital. At the same time, there are early signs of improvement in the BTC network amid a gradual stabilisation of market conditions. 

Bitfinex notes that Bitcoin's further movement will depend on oil prices, US government bond yields, and Fed policy, while news from the crypto industry itself has taken a back seat. 

Daily oil trading volume on the decentralised Hyperliquid platform exceeded $1.5 billion, displacing Ethereum from second place in terms of popularity.

Against the backdrop of the crypto market's recovery, institutional investors and state holders have begun to move cryptocurrency more actively, Arkham Intelligence notes. 

Author

Alexander Kuptsikevich

Alexander Kuptsikevich, a senior market analyst at FxPro, has been with the company since its foundation. From time to time, he gives commentaries on radio and television. He publishes in major economic and socio-political media.

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