Binance founder Changpeng Zhao reminds us how long-term wealth has historically been built in the sector.
CZ noted that many of today’s most successful investors accumulated assets during periods of pessimism and held them through multiple cycles.
The comment frames the ongoing downturn not as an anomaly, but as a familiar phase that often precedes long-term opportunity.
That said, on-chain data from Glassnode shows that nearly all crypto sectors have underperformed Bitcoin. This relative weakness suggests investors are prioritizing perceived safety and liquidity over broader risk exposure.
A yearly recap of Bitcoin dominance further illustrates the uncertainty. While the first half of the year was decisively Bitcoin-led, dominance later trended lower as Ethereum rotations emerged, with neither asset fully reclaiming leadership by year-end.
Meanwhile, recent attempts to rebuild dominance after deleveraging events have faded, as the market searches for a stable anchor.
The broader market may be sizable, but it’s also strained. The total crypto market capitalization fell 3.03% to between $2.97 and $3 trillion, while daily trading volume ranged from $80 billion to $135 billion.
Moreso, Bitcoin maintains over 58% dominance, followed by Ethereum.
Moving on, Bitcoin fell 2.65% over the past 24 hours to $87,279, slightly underperforming the market’s 3.03% decline. The move was driven by millions in U.S. spot ETF outflows, long liquidations near the $85,000 level, and rising macro risk aversion tied to delayed rate-cut expectations and AI bubble concerns.
Ethereum fared worse, sliding 6.31% despite $139 million in ETF inflows two weeks ago, large institutional transfers, and a technical breakdown below key support levels.
Despite near-term stress, institutional conviction persists. Ark Invest has bought more crypto stocks, Grayscale could place Bitcoin as a hedge against dollar risk in its 2026 outlook, and Ethereum continues to see infrastructure progress through upgrades and tokenized finance initiatives.
Source: https://zycrypto.com/cz-highlights-rare-opportunity-for-crypto-traders-amidst-market-woes/

