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Coinbase: Despite the October 11 flash crash Q4 Bitcoin may still exceed expectations

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2025-10-17 02:40:24
Coinbase published an article on October 16 saying that it is optimistic about the crypto market in the fourth quarter, but the leverage flash crash on October 11 has prompted us to proceed cautiously. Nonetheless, we expect strong liquidity, a good macroeconomic environment, and encouraging regulatory developments to continue to support it. Bitcoin may be able to exceed market expectations, especially driven by macroeconomic bullish factors. On the policy front, we expect the Federal Reserve to cut interest rates twice more this quarter, which may incentivize investors to put some of the $7 trillion currently held in money market funds into the crypto market.
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