Coinbase Claims October Selloff Was a Reset Rather Than a Cycle Peak

October Sell-off as a Reset: The Coinbase report suggests that the sharp sell-off in October was not the end of the crypto market cycle but a necessary reset that cleared excessive leverage and strengthened core fundamentals.

Institutional Rotation and Focus: Instead of fleeing the market, institutions are shifting their investments towards quality projects, particularly in Ethereum Virtual Machine (EVM) chains, real-world asset (RWA) tokenization, and sustainable yield DeFi protocols.

Structural Demand Amid Macro Risks: Despite ongoing macroeconomic uncertainties, there is a notable structural demand from institutions for crypto exposure, particularly in compliant and yield-generating assets, indicating a maturing market.

Future Outlook: The report emphasizes that the current environment is more about building a robust foundation for the next market cycle rather than capitulation, with a focus on infrastructure and compliance rather than speculative hype.