- Dragonfly’s Haseeb Qureshi describes the current bear market as relaxed.
- No major funding crises reported.
- Market stabilizing post-2022 collapses; cautious optimism prevails.
Haseeb Qureshi, Managing Partner at Dragonfly, described the current crypto bear market as the most relaxed he has seen, emphasizing strong fundamentals despite recent downturns, via social media.
This perspective highlights the crypto market’s maturity and resilience, suggesting long-term asset stability, significant on-chain activities and institutional engagement amidst broader economic uncertainties.
Bitcoin at $96,861: Resilience and Institutional Moves Highlighted
The crypto community remains composed, with statements from industry leaders indicating confidence. Haseeb Qureshi’s remarks suggest a positive market outlook, reinforcing resilience seen in previous cycles.
“The current situation is ‘the most relaxed bear market I’ve ever seen… In comparison? This is a walk in the park. The price went down, yeah, big deal. Fundamentals are good. Cryptocurrency is operating fine.” — Haseeb Qureshi, Managing Partner, Dragonfly[source]
“The current situation is ‘the most relaxed bear market I’ve ever seen… In comparison? This is a walk in the park. The price went down, yeah, big deal. Fundamentals are good. Cryptocurrency is operating fine.” — Haseeb Qureshi, Managing Partner, Dragonfly[source]
Bitcoin (BTC) currently trades
Did you know? Despite a reduction in Bitcoin’s circulation by long-term holders, the capability of cryptocurrency to endure through previous severe bear markets remains evident, highlighting industry resilience.
at $96,861.25, with a market cap of 1.93 trillion, according to CoinMarketCap. Recent data notes a 24-hour trading volume of 0.11 trillion, showing a 6.05% decline. BTC’s dominance is 59.16%, with a circulating supply of 19,948,537 BTC. Recent trends depict a downturn, with a 17.60% decline over the last 90 days.
Insights from Coincu suggest ongoing institutional adaptation as the market seeks stabilization. The current landscape aligns with historical trends of recovery amid bear markets, reinforced by maturing institutional involvement and regulatory evolution.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/markets/dragonfly-crypto-bear-market-2025/