The crypto market is experiencing a notable downturn with major players like Coinbase reporting a significant quarterly loss as trading volumes shrink, reflecting broad weakness across digital assets. Analysts point to ongoing sell-offs, ETF outflows, and market sentiment in “extreme fear” as Bitcoin and other top coins struggle to regain momentum. Meanwhile, institutional interest continues with new ETF filings from Truth Social Funds for Bitcoin and Ethereum products, underscoring that despite bearish price action, long-term infrastructure and regulated investment vehicles are still being developed. �$BTC $BNB