Cointelegraph report: Bitwise said the crypto market has recorded its longest losing period since 2022, with negative returns in three consecutive quarters. Despite continued expansion in multiple blockchain activity metrics, prices of large-cap assets have been weak; BTC ETF flows out hit a record high, and activity slowed across several market segments. Bitwise’s top 10 by market cap crypto index fell 15.4% in Q2 2026, with 8 of the 10 digital assets recording negative returns by the end of the quarter. Despite the price drop, Bitwise noted that the market has seen negative returns for three consecutive quarters and that the correlation between crypto assets and stocks increased during the same period.

BTC-0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 2
  • Share
Comment
Add a comment
Add a comment
GateUser-318a7dc8
· 1h ago
This increase in correlation is worth being wary of; crypto assets are no longer as independent as they used to be.
View OriginalReply0
GateUser-0fdb3438
· 1h ago
The longest losing period since 2022… Hang in there and see who can’t hold out first
View OriginalReply0
MistValleySignpost
· 1h ago
Three consecutive seasons of negative returns are indeed tough to endure, but based on historical experience, this kind of cycle is often a window for positioning.
View OriginalReply0
ApeWithHomework
· 1h ago
Bitwise’s data is quite painful, and the ETF fund outflows suggest that institutions are also hesitating.
View OriginalReply0
  • Pinned