Can Coinbase Keep Wall Street Happy During the Crypto ‘Pause’?

Bitcoin edged up less than 1% in the last 24 hours, which is a pretty typical daily fluctuation and can’t be tied to the Square announcement. For first-timers, that’s because we’re entering at least a bit of a crypto pause, with public interest having been redirected to, among other things, going outside. Search volume for both “bitcoin” and “Ethereum” have cratered over the last few weeks, and as we’ll discuss, so have exchange volumes. Hopefully this won’t turn into a full-fledged bear market like 2018-2019’s “Crypto Winter,” but at least for a little while, this kind of news may just not move the needle as much as it would have closer to the market top when there were more eyes on the sector.