Bitcoin Gains Ground With Global Giants, Says Coinbase Strategist
During an interview on CNBC’s Squawk Box, D’Agostino highlighted how these traditionally conservative capital allocators are approaching Bitcoin amid evolving global monetary conditions.
According to Coinbase’s head of institutional strategy, John D’Agostino, this trend reflects strategic portfolio shifts influenced by global macroeconomic signals.
D’Agostino pointed to a sharp reassessment of reserve asset strategies following President Trump’s April 2 tariff announcement. As concerns over long-term dollar dominance grew, institutions began reallocating capital into Bitcoin—favoring it over gold or traditional fiat holdings.
Institutional players now view Bitcoin less as a volatile tech stock and more as a dual-purpose asset—blending growth potential with inflation protection. This evolving narrative, D’Agostino said, is helping Bitcoin secure a long-term position in conservative portfolios once considered unlikely to touch crypto.
COINBASE JUST SAID SOVEREIGNS ARE BUYING #BITCOIN 👀
HERE WE GO!!! 🚀 pic.twitter.com/bMJ4IQp4Oc
— Vivek⚡️ (@Vivek4real_) April 23, 2025
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
