CryptoQuant analysts say that what is happening now resembles a transition to a bear market more than a regular pullback.
The Bitcoin Adjusted SOPR (aSOPR) has currently fallen into the range of 0.92–0.94 — in 2019 and 2023 these levels coincided with the beginning of a deep crypto winter.
- Eminem bought BAYC 9055 for $462,000, now this NFT is worth $17,000
- Justin Bieber bought BAYC 3001 for $1.3 million, now it is worth $12,000
- Neymar bought BAYC 6633 and 5269 for $1 million, now it is worth $35,000
- Madonna bought BAYC 4988 for $571,000, now it is worth $17,000
- Logan Paul bought an NFT from the 0N1 Force collection for $635,000, now it is worth $155,000 — by the way, Logan bans all followers who remind him of the failure with NFTs
For more than two weeks, there has been extreme fear in the cryptocurrency market. At one point, the value reached 5 - we haven't been afraid for the last five years.
A bunch of top crypto figures have become members of the advisory committee on innovation in the USA.
For example, the head of Coinbase, Brian Armstrong, the head of Ripple, Brad Garlinghouse, co-founder of Solana, Anatoly Yakovenko, as well as representatives from Uniswap, Kraken, Kalshi, Polymarket, Robinhood, and a16z crypto.
CEO of Coinbase Brian Armstrong is no longer in the top 500 richest people in the world.
His fortune has decreased by $10 billion from a peak of $17.7 billion recorded six months ago.
At the same time, Coinbase purchased bitcoins for $39,000,000 in the fourth quarter of 2025, while the company's quarterly loss amounted to $667 million.