📢 Flash
Coinbase Q4 Market Outlook: Prices Have Bottomed, Upside Opportunities Remain Amid Rate Hikes
Author: Glassnode, Coinbase Institutional | Compiled by: Jiahuan
Outlook: Recovery Has Arrived, Maintaining a Positive View for Q4
We hold a positive outlook for the crypto market in Q4 2026. Bitcoin rose 43% in Q3 to reach $83,600, despite the Fed re-tightening policy. This shows that the shift toward accumulation described last quarter has evolved into an initial recovery.
The policy pivot toward tightening is the bigger variable. In September, the Fed raised rates by 25 basis points to a range of 3.75% to 4.00%, the first hike since July 2023, even as core CPI had fallen to 2.4%. During the quarter, the 10-year U.S. Treasury yield rose 85 basis points to 5.29%.
Outlook: Recovery Has Arrived, Maintaining a Positive View for Q4
We hold a positive outlook for the crypto market in Q4 2026. Bitcoin rose 43% in Q3 to reach $83,600, despite the Fed re-tightening policy. This shows that the shift toward accumulation described last quarter has evolved into an initial recovery.
The policy pivot toward tightening is the bigger variable. In September, the Fed raised rates by 25 basis points to a range of 3.75% to 4.00%, the first hike since July 2023, even as core CPI had fallen to 2.4%. During the quarter, the 10-year U.S. Treasury yield rose 85 basis points to 5.29%.
