S&P 500
6,069 +0.01%
NASDAQ Composite
NASDAQ
19,952 +0.2%
Bitcoin
BTC
$107,291 1.79%
Ethereum
ETH
$2,413 -1.22%
US10Y
4.3161% 0.0215
Header logo
  1. Research
  2. Crypto Research
  3. Crypto Strategy

Coinbase: It’s worth owning some COIN

Apr 16, 2021 • 10 Min Read
Author
David Grider
David Grider

A lot happened this week. Bitcoin hit new ATH’s and crypto is showing signs of market rotations. Our current views on the crypto market are the following:

  • Crypto bull market cycle intact
  • Bitcoin valuations haven’t peaked
  • Macro picture mixed but favorable
  • Crypto cooling off would be heathy
  • Institutions more cautious on crypto
  • Signs of retail money entering picture
  • Still favor buying GBTC over spot Bitcoin
  • Still see Ethereum outperforming Bitcoin
  • Size leadership shifting to retail midcaps
  • Exchange tokens to DeFi sector rotation
We want to give folks a sense what we’re seeing in the market broadly but...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Already a member?

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In