$BTC BlockBeats news, on June 13, Coinbase recently released a research report looking ahead to the three main themes of the cryptocurrency market in the second half of the year as follows:

1. Improved macro outlook: The risk of an economic recession in the United States has significantly decreased, and overall growth momentum has strengthened;

2. Corporate adoption of cryptocurrency as an asset allocation tool: Although it may pose systemic risks in the long term, it has created a strong demand side in the short term;

3. Regulatory path becoming clearer: Especially the legislative progress on stablecoins and the structure of the cryptocurrency market, which will profoundly impact the development of the crypto ecosystem.

The report states that despite the risks, Bitcoin is still expected to maintain an upward trend. Meanwhile, the performance of altcoins may depend more on individual factors. For example, the SEC is reviewing multiple ETF applications related to "physical purchase and redemption," staking, index funds, and single altcoin ETFs, and decisions are expected to be made by the end of 2025, which may reshape the market structure.