Crypto Long & Short: Infrastructure is the prevailing currency in digital assets

CoinDesk 2026-06-24 16:00:00
Context: In the digital assets market, infrastructure has emerged as a crucial component, with experts weighing in on its significance. Nonco's Caue Teixeri and Liquibit Capital's Alen Pavlović have shared their insights on the current state of the market, citing data from CoinDesk's liquidation feed. This analysis comes as the market continues to fluctuate, with recent forced selling events providing valuable context.

Key Facts

  • Nonco's Caue Teixeri argues that infrastructure is the prevailing currency in digital assets, regardless of which coin ultimately gains dominance.
  • Liquibit Capital's Alen Pavlović used CoinDesk's liquidation feed to analyze June's forced selling, which peaked near $68,000.
  • The peak in forced selling occurred days before bitcoin actually bottomed, according to Pavlović's analysis of the liquidation feed data.
  • The insights from Teixeri and Pavlović highlight the importance of infrastructure in the digital assets market, even as the market continues to experience fluctuations.
  • CoinDesk's liquidation feed provided the data used by Pavlović to identify the peak in forced selling and its correlation with bitcoin's price movement.

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