Bitwise Report: Crypto Fundamentals Are Getting Stronger Despite Third Straight Negative Quarter
The post Bitwise Report: Crypto Fundamentals Are Getting Stronger Despite Third Straight Negative Quarter appeared on BitcoinEthereumNews.com. Usage metrics tell a different story from price action, with adoption continuing to outpace market performance this cycle. Bitwise’s Q2 2026 crypto market review shows its 10 Large Cap Crypto Index dropped 15.4% last quarter, the third straight quarter in the red and the longest such stretch since 2022. However, the same report argued that even as prices fell, the crypto sector, including stablecoins, tokenized assets, and prediction markets, has been strengthening. Crypto Prices Down, But Fundamentals Are Improving According to Bitwise, eight of the index’s 10 constituents finished Q2 in the red, with the worst performer in the basket being Cardano (ADA), which slipped nearly 40% in Q2 and is down more than 56% year to date. Ethereum and XRP lost 24.66% and 20.79% of their values, respectively, while Solana’s dip was more modest in comparison