The Q2 Guide to Crypto Markets

The Guide to Crypto Markets is a joint publication of Coinbase Institutional and Glassnode, and aims to give a comprehensive view of the metrics and trends that matter the most to institutional investors.

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The Guide includes:

Market Overview

Including total crypto market cap, dominance, and correlations to traditional assets.

Bitcoin Halving

Learn how the Bitcoin price has historically been impacted during each of the halving cycles.

Spot ETFs

All you need to know about how Spot ETF flows and balances are developing.

Bitcoin and Ethereum

48 slides on Bitcoin and Ethereum, providing sophisticated insights derived from on-chain data.

Derivatives

Learn how Futures Volume, Open Interest and liquidations are developing in 2024.


Portfolio diversification

See the impact of adding small allocations of crypto to a 60/40 portfolio over the last 5 years.

Understanding the bull & correlations to traditional assets

The 59-page Guide includes many highlights and key takeaways. Here are some of them:

BTC Price Performance Since Cycle Low Chart by Glassnode

Not all bull cycles are created equal

Explore how Bitcoin's performance in the current market cycle, which began in 2022, compares to each of the previous four cycles, and understand where we are in this cycle.

The total crypto market cap soared in Q1 2024

The record-setting demand from spot ETFs has brought new capital into the crypto economy, as reflected in gains in BTC, ETH, and altcoins and an uptick in stabecoin issuance. We provide a breakdown of the activity behind the rise of ETFs.

Correlation between crypto and traditional assets remains low

Crypto has historically shown low correlations with traditional asset classes, indicating that it can provide a source of idiosyncratic risk in different portfolios.

Watch the Webinar

In this fast-paced Webinar, Glassnode's Lead Analyst James Check and Coinbase Institutional’s Head of Execution Services Ben Floyd share actionable insights on the key topics covered in the Q2 Guide to Crypto Markets.

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