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News Explorer — Crypto Market Set for Positive Q2, Driven by Institutional Interest: Coinbase Report

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Apr 2, 8:36 am
Coindesk

Crypto Market Set for Positive Q2, Driven by Institutional Interest: Coinbase Report

A research report from Coinbase predicts a positive second quarter for the crypto market, with potential positive factors becoming more evident in the second half of April. The upcoming Bitcoin halving and the conclusion of wirehouses' 90-day review period for spot Bitcoin ETFs are expected to impact the market. Institutional interest in the crypto space remains high, as evidenced by leveraged short positions in Bitcoin futures and the total value locked in on-chain derivatives reaching an all-time high.

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