{"id":34145,"date":"2026-07-10T18:41:49","date_gmt":"2026-07-10T18:41:49","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-records-longest-losing-streak-since-2022-bitwise-says\/"},"modified":"2026-07-10T18:42:13","modified_gmt":"2026-07-10T18:42:13","slug":"crypto-records-longest-losing-streak-since-2022-bitwise-says","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-records-longest-losing-streak-since-2022-bitwise-says\/","title":{"rendered":"Crypto records longest losing streak since 2022, Bitwise says"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The crypto market recorded its third straight quarter of negative returns in Q2 2026, marking its longest losing streak since 2022, according to a market review published by Bitwise.<\/p>\n<div id=\"cn-block-summary-block_5e20228423759d82290dd3fa89522b3d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Crypto recorded its longest quarterly losing streak since 2022 after the Bitwise index fell 15.4%.<\/li>\n<li>Spot Bitcoin ETFs faced record quarterly outflows as digital assets moved closer to traditional stock markets.<\/li>\n<li>Stablecoin settlements, tokenized assets and prediction markets grew despite weaker prices across major crypto assets.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The Bitwise 10 Large Cap Crypto Index fell 15.4% during the quarter. Eight of its 10 assets ended the period in the red. Spot Bitcoin exchange-traded funds also recorded their worst quarter of outflows since their launch.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Crypto prices extend quarterly decline<\/strong><\/h2>\n<p>Bitwise <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bitwiseinvestments.com\/crypto-market-insights\/crypto-market-review-q3-2026\" target=\"_blank\" rel=\"nofollow\">reported<\/a> that onchain activity, trading volume and assets held in decentralized finance protocols declined during Q2. Meanwhile, crypto\u2019s correlation with stocks increased, linking digital asset prices more closely with traditional risk markets.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bitwise reports the Bitwise 10 Large Cap Crypto Index dropped 15.4% during Q2, with eight of its 10 holdings posting declines\u2014marking a third consecutive quarter of negative performance, the longest stretch since 2022, as spot Bitcoin ETFs face their worst quarter for outflows. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/fu6ITCfauh\">pic.twitter.com\/fu6ITCfauh<\/a><\/p>\n<p>\u2014 Kyledoops (@kyledoops) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/kyledoops\/status\/2075492870090584293?ref_src=twsrc%5Etfw\">July 10, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The company said Q2 was \u201ca tough quarter for crypto.\u201d The latest decline extended the market\u2019s run of negative returns to three consecutive quarters, the longest such period since the 2022 bear market.<\/p>\n<p>Spot Bitcoin ETF outflows added to the selling pressure during the quarter. The funds have become an important source of institutional demand since their U.S. launch, but the record quarterly withdrawals showed that investors reduced their exposure as market conditions weakened.<\/p>\n<p>However, ETF flows have changed direction several times during the current market cycle. Bitcoin ETFs attracted more than $3.4 billion across seven consecutive weeks of inflows by May 2026.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Stablecoins and tokenized assets continue growing<\/strong><\/h2>\n<p>Despite lower crypto prices, Bitwise said stablecoin settlement volume reached 2.3 times the volume processed by Visa. The company added that stablecoin issuers now hold more U.S. Treasury securities than most countries.<\/p>\n<p>As reported by crypto.news, adjusted stablecoin transaction volume reached $10.9 trillion in 2025, while total settlement volume reached $33 trillion under broader measurements.<\/p>\n<p>Visa has also expanded its direct involvement with blockchain payments. Visa\u2019s stablecoin settlement run rate reached about $7 billion as of March 2026.<\/p>\n<p>Meanwhile, tokenized real-world assets rose 50.3% during the first half of 2026 to $32.89 billion, according to Bitwise. The sector includes blockchain-based versions of assets such as government bonds, private credit and investment funds.<\/p>\n<p>The figure follows continued institutional interest in tokenization. As crypto.news previously reported, the tokenized real-world asset market approached $34 billion as Treasury products and Ethereum-based assets led the sector\u2019s growth.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Prediction markets and crypto stocks resist downturn<\/strong><\/h2>\n<p>Prediction market trading volume reached a record $43.2 billion in Q2. That total was almost 18 times higher than the volume recorded during the same period one year earlier.<\/p>\n<p>Crypto-related stocks also performed better than major digital assets. The Bitwise Crypto Innovators 30 Index rose 30.6% during the quarter, even as the firm\u2019s large-cap crypto index recorded a double-digit loss.<\/p>\n<p>In addition, Bitwise said Hyperliquid, PancakeSwap and Aave each generated about $900 million in revenue during the previous year. The data points to continued demand for decentralized trading, lending and derivatives platforms.<\/p>\n<p>Hyperliquid processed more than $41 billion in seven-day perpetual futures volume by May 2026. Its open interest also reached approximately $9.4 billion.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Onchain data remains above the 2022 bottom<\/strong><\/h2>\n<p>Bitwise compared current market data with conditions at the bottom of the 2022 crypto downturn. Ethereum transaction activity has increased by about 13 times since then, while DeFi total value locked has risen by more than 60%.<\/p>\n<p>Stablecoin assets under management have also roughly doubled from the 2022 market low. Bitwise said, \u201cIt\u2019s only prices that haven\u2019t kept pace.\u201d<\/p>\n<p>The company said the crypto industry is now about twice the size it was at the previous cycle\u2019s bottom. However, Bitwise also warned that stronger network activity and wider institutional participation may not prevent further short-term price weakness.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market recorded its third straight quarter of negative returns in Q2 2026, marking its longest losing streak since 2022, according to a market review published by Bitwise. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":34146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=34145"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34145\/revisions"}],"predecessor-version":[{"id":34147,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34145\/revisions\/34147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/34146"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=34145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=34145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=34145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}