Market conditions remain challenging for crypto, with price action reflecting a sustained bearish structure and limited signs of demand returning amid rising macro uncertainty.
Buy-side demand has been lighter in recent weeks, and larger sellers are moving through the market with less resistance. This change is influencing price movement and raising fresh questions about where Bitcoin sits in the broader cycle.
The 10 October crypto crash erased over US$19 billion in a single day, as extreme leverage and thin liquidity turned a routine sell-off into chaos. The event revealed how overstretched positions and speculative trading amplified volatility across the entire market.
A hit to gold from steep tariffs reinforces Bitcoin’s appeal as a borderless “sovereign-proof” store of value.
Renewed ETF flows, surging volumes, and strong investor conviction are powering the latest phase of the crypto rally.
The crypto industry is growing fast, but it's public companies, not tokens, that are leading the charge.


