[Coinbase Institutional: Bitcoin Outperforms U.S. Stocks, Crypto Market May Gradually Emerge from 'Extreme Pessimism'] Odaily Planet Daily News: Coinbase Institutional posted an analysis on the X platform, pointing out that amidst recent geopolitical turmoil disrupting traditional financial markets, sentiment in the crypto market may be shifting, particularly with Bitcoin showing relatively strong performance. Since March this year, Bitcoin's trend has outperformed the U.S. stock market, and market opinions suggest that the crypto market may be gradually emerging from the 'extreme pessimism' phase. The latest macroeconomic data shows that U.S. non-farm employment growth is cooling, challenging the previous narrative of a 'resilient labor market.' Meanwhile, Bitcoin's value proposition as a relatively independent asset may further gain traction among institutional investors. Additionally, the rise in systematic leverage ratios reflects improving participation in the crypto market. However, the market remains cautiously optimistic, with investors still waiting for further confirmation of trends and closely monitoring whether market participation can sustain continued upward momentum.