Ethereum remains the primary blockchain for DeFi lending, with $33.9 billion in assets deposited as of March 2025. Lending, in fact, remains the largest use case for decentralized finance. Together, they control 89% of what remains of centralized crypto lending and 27% of the overall crypto lending market when including crypto-backed stablecoins. Bitcoin’s broader role as a macro asset also continued to gain traction. In addition to strong ETF flows, public companies added nearly 100,000 BTC to their holdings in Q1, representing a 34.7% increase.
The gap between bitcoin and the rest of the market continues to widen, driven in large part by institutional behavior. As outlined in our latest Digital Assets Quarterly Report, institutions are playing an increasingly decisive role in shaping capital flows, preferring liquid and regulated large-cap assets. This shift is pushing the digital asset market toward more structured, benchmark-driven strategies. While crypto markets share similarities with traditional financial markets, they have unique characteristics—including extreme volatility, higher sensitivity to hype, and regulatory changes that set them apart.
CryptoMarketCap also excludes certain prices when our algorithms notice that the reported price is significantly different when compared to other market pairs for the same coin/token. As you say, this is really the most important thing that’s going to happen in the not-too-distant future to the entire space. And the way you think about it, the way investors need to think about it, because that regulation will be there, it will be new, it will be different, and it may not be exactly what everyone wants. Market commentary, economic insights, and current investment trends delivered straight to your inbox. Census Bureau set to release March retail sales data, and Fed Chair Jerome Powell delivering a speech on economic outlook.
Tether, Galaxy, Ledn Dominate Centralized Crypto Lending As DeFi Claims A Bigger Share Of The $37 Billion Market
Department of Labor releases unemployment insurance data and the Census Bureau releases residential construction data, while the ECB is expected to cut interest rates. While no strategy guarantees success, those who take a long-term, well-researched approach are better positioned to navigate financial uncertainties. Rising PPI suggests higher input costs, like energy or hardware, which are crucial for crypto mining. This could squeeze miner profitability and reduce Bitcoin supply growth. Crypto volatility could spike if the data surprises, especially alongside Thursday’s interplay, with the CPI release coming shortly afterward.
- 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.
- Properly understanding the cryptocurrency market can be complex and take time, so that is why we make it simpler by focusing on key metrics like prices, market caps, and volume.
- And there certainly are people in congress who are saying that we need to foster innovation in America.
- To reorder the list, just click on one of the column headers, for example, 7d, and the list will be reordered to show the highest or lowest coins first.
- Several surveys amongst institutional players have said that regulatory clarity is one of the number one concerns on the minds of large financial institutions.
A stark divergence from Thursday’s CPI could confuse markets and heighten volatility. If March’s CPI exceeds the anticipated 2.6% annual rise, Bitcoin might dip as investors pivot to inflation-resistant assets. While bitcoin has outperformed the stock market — up 1% in the past month compared with the Nasdaq’s near 8% drop — institutional investors are piling into gold, the battle-tested safe haven. Our heatmap offers a unique and intuitive way to understand market moves, while our charts gives a more detailed view on coins, making it easy to spot top gainers and losers on various timeframes such as hourly, daily and weekly. Due to this lack of guidelines to follow, exchanges don’t have to follow their competitors and use the same rates—they depend on market sentiment and logic. The new week is off to a silent start as bitcoin looks to establish a foothold above the trendline, characterizing the downtrend line from record highs, with $86K emerging as resistance over the weekend.
CoinMarketCap 100 Index
As macro conditions evolve and policy shifts begin to reshape the regulatory environment, capital is consolidating into assets with deeper liquidity, stronger narratives and institutional relevance. Bitcoin’s rising dominance, shifting ETF flows and the fragmentation of altcoin performance all point to a market recalibrating around structural factors rather than sentiment alone. COIN360, the main source of cryptocurrency prices on a visually appealing heatmap. We aggregate prices from the most trusted sources and allow you to always be one step ahead by getting an instant view of the entire market or specific sectors on various timeframes. We also offer interactive charts, and comprehensive tools to help you make informed decisions.
Technical Analysis
And it appears that crypto assets, like other risky assets, do pretty well in times of interest rate reductions. Now, on the flip side— or more bearish side I should say—, does that mean that the contagion in crypto is over? A large lender in the space named Genesis just filed for bankruptcy not that long ago and that could certainly trigger some more contagion that we get to see. Many miners that mine Bitcoin and have huge mining operations are underwater now with the price of Bitcoin being so depressed. And they could be burning through the reserves, hanging on by a thread, waiting for a sizable recovery in price. And although Bitcoin is up, which is welcome news for them, it might not be up enough to save all of them.
Coins
Every quarter, the RBC GAM Investment Strategy Committee (RISC) develops a detailed global investment forecast. Read their latest thinking in this in-depth quarterly report and watch videos that highlight their views. In other news, data tracked by IntoTheBlock showed a renewed uptick in transaction volumes on Virtuals Protocol, a blockchain project enabling the creation, ownership, and deployment of AI agents. Data tracking platform Arkham Intelligence said that Mechanism’s Capital Andrew Kang doubled his bullish bet on BTC, now holding a long worth $200 million. Nasdaq 100 futures are also down, losing more than 1% while S&P 500 futures dropped 0.65%. While bitcoin has remained notably stable as the trade war escalated, some metrics suggest the bull run may have ended.
He leads CoinDesk’s monthly market reports and protocol research, delivering insights across Layer-1 networks, DeFi ecosystems, and centralized exchange dynamics. Before joining CoinDesk, Jacob founded and led the Blockchain Society at the University of Sussex while completing his postgraduate studies in FinTech, Investment, and Risk Analysis. Passionate about the real-world https://hor-tax.com/ adoption of digital assets and other disruptive technologies, his current focus includes tokenized assets, DeFi applications, and the evolving intersection of AI and crypto. Some market participants expressed concerns about the dwindling demand for the spot bitcoin ETFs, which registered an outflow of over $700 million last week, according to data source Farside Investors.