Crypto Prices Keep Falling, But Bitwise Says the Industry Is Stronger Than Ever

Bitwise is a company that performs research on the crypto market. In the first half of the year 2026, both Q1 and Q2 drop the prices. The top 10 crypto currencies fell around 15.4%. This is the third quarter in a row that crypto prices are going down. Which makes it the longest losing streak since 2022.

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**Bitwise’s 10 biggest cryptocurrencies with the largest market cap dropped 15.4% in Q2 2026**. Most of the cryptocurrencies lost their value. Cardano was the biggest loser, dropping almost 40%. Ethereum fell about 25%. XRP dropped about 21%. Solana fell nearly 11%.

Bitcoin also declined and even went below $60,000. At the start of the year 2026, prices are falling and marking it as $84,000. But in Q2, prices dropped, marking it lower than $60,000. At the end of 2025, the price of bitcoin is at its peak, $125,000.

But not all the coins are going down. Some of them are performing very well. Like, HYPE improved by around 79%. XLM increased by 10% in Q2.

The good news is that even as the prices are falling, industry is becoming stronger. This is because the investors are using stablecoins like USDT and USDC. Stablecoins hold huge amounts of U.S. government Treasuries.

Market prices are down, but more people are using blockchain technology. Worries about crypto prices that look weak right now, but the technology and users are much stronger as compared to 2022.

Bitwise believes the market is healthier than the falling prices suggest. This is because of the falling prices of the crypto market. Many investors became less confident of their prices. Some investors took their money out of spot Bitcoin ETFs.

**Big institutions like Strategy invest a very small amount in crypto, in fact, selling it.** Strategy made a huge sale in 2026. Strategy sold out its 32 BTC on the 1st of June. Market behavior simultaneously changed. As though market selling pressure increased. After that, Strategy started again and purchased some bitcoin.

During the last two weeks, the strategy started selling bitcoins again, and the previous week sold out 1,363 BTC. This week’s report shows that 2,225 BTC was sold by strategy. This results in bringing pressure on Bitcoin and other coins in the market.

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