Why This Cycle Feels Broken, Memecoins & Macro | Ben Cowen
Bankless24 Helmi 2025

Why This Cycle Feels Broken, Memecoins & Macro | Ben Cowen

Ben Cowen, founder of Into the Cryptoverse, breaks down why the current crypto cycle feels different from past ones.

We explore the Advanced Decline Index and how it reveals why Bitcoin is thriving while most altcoins struggle. Ben also discusses the impact of quantitative tightening, the ETH/BTC ratio, and why meme coin speculation is distorting market dynamics.

A must-listen for anyone navigating crypto’s shifting landscape and seeking deeper market insights!

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✨ Mint the episode on Zora ✨
https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/37?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

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TIMESTAMPS

00:00 Intro
04:37 Advance Decline Index (ADI)
08:45 Crypto Vibes & Economy
10:26 ETH & BTC Dollar Relation
15:04 Has ETH Gone Home?
20:38 FED & Memecoins
23:58 Take on SOL/BTC Ratio
28:51 Rise of Meme & Alt Coins
31:45 Where the Value Lies in the Market?
39:11 Trump’s Plans with Tenures & Dollar
44:00 Crypto's Bullish Setup vs. Market Vibes
47:35 Meme Coins vs. VC Giants
53:36 Did We Just Skip a Cycle?
59:08 Closing & Disclaimers

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RESOURCES

Ben Cowen
https://x.com/intocryptoverse

Into the Cryptoverse
https://intothecryptoverse.com/

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures

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