Coinbase: It’s worth owning some COIN

Apr 16, 2021 • 10 Min Read

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 br...

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