Fidelity Digital Assets says bitcoin is leading crypto market stabilization

Despite muted prices to start the second quarter, the report said improving onchain metrics and network activity point to a market finding its footing. What to know : Fidelity Digital Assets said bitcoin remains the market’s anchor, with capital concentrated in the most liquid asset. Momentum and profitability indicators suggest a stabilizing corrective phase is underway. Ethereum and Solana usage trends diverge from price, signaling continued network-level demand, the report said.