Hey VIPs! Stay ahead with this week’s Market Commentary from Binance Research ⬇️
1️⃣ Market De-Risking and BTC Drawdown
Markets are in a de-risking phase driven by macro headwinds, a steady Fed, policy uncertainty, and AI-driven capital shifts. BTC has declined about 52% from its October 2025 ATH. The focus now shifts from “how far” to “when” demand will return.
2️⃣ Resilient Structural Participation
Spot BTC ETF AUM remains stable despite price drops, stablecoin supply is near ATH, and Real-World Assets continue to draw capital, showing deeper participation than past cycles.
3️⃣ Institutional DeFi Breakthrough
BlackRock’s tokenized Treasury fund, BUIDL, settled on Uniswap—a key milestone validating institutional DeFi adoption and demonstrating ready liquidity for credible catalysts.