**Asian Crypto Enthusiasm Reaches Historic Low Levels**
Arthur Cheong, founder of DeFiance Capital, highlighted on October 30th the significant decline in speculative sentiment among Asian crypto users. This downturn marks a low not seen since 2022, indicating potential broader market challenges that heavily affect altcoins. Experienced investors have expressed concern over these recent developments, signaling caution in an otherwise vibrant market.
Cheong, well-known in blockchain finance, noted that the drop in market enthusiasm among Asian users is noteworthy as it represents a new low in the current cycle, comparable to the sentiment experienced back in 2022. Under his leadership, DeFiance Capital has consistently provided insights into market trends, showing an increased focus on DeFi projects amidst prevailing uncertainties.
This shift in sentiment is impacting user engagement and the broader DeFi landscape. Asian traders, often seen as leading the speculative push, are now exhibiting more cautious approaches. This behavioral change may influence investment flows and project funding across the region.
Experts suggest that this decline in enthusiasm could potentially herald a shift in marketing strategies aimed at revitalizing interest within Asia’s crypto community. As the sector grapples with these changes, feelings of frustration and disappointment are being expressed, particularly due to the significant impact on the altcoin sector.
—
**Bitcoin Price Sees Modest Weekly Gain Amid Sentiment Shift**
Did you know? Asian crypto-user sentiment was last this low in 2022, a period that contributed to notable shifts in global market trends.
According to CoinMarketCap, Bitcoin (BTC) remains a dominant force in the market with a price of $109,144.78 and a market cap of $2.18 trillion as of October 30, 2025. Despite its strong status, BTC experienced a 3.42% decrease over the past 24 hours but maintained a slight positive change of 0.31% over the past week.
The circulating supply of Bitcoin is approaching its maximum, currently at 19,941,881 out of the total 21 million coins, underscoring the scarcity that continues to drive interest and value.
—
As the crypto market evolves, close attention to sentiment trends, especially in key regions like Asia, will be essential for investors and projects aiming to navigate this challenging landscape.
https://bitcoinethereumnews.com/crypto/defiance-capital-founder-comments-on-asian-crypto-sentiment-decline/?utm_source=rss&utm_medium=rss&utm_campaign=defiance-capital-founder-comments-on-asian-crypto-sentiment-decline
