Bitwise 10 Crypto Index Falls 15.4% in Q2, Extends Longest Losing Streak Since 2022

LUNA1.34%
BTC1.74%
According to Bitwise's latest crypto market review, the Bitwise 10 Large Cap Crypto Index fell 15.4% in the second quarter, with eight of its 10 constituents ending in negative territory. The decline marks the third consecutive quarter of losses, the longest stretch since the post-Terra, Three Arrows Capital and FTX collapse cycle of 2022. Bitcoin fell approximately 22% in Q1 and another 14% in Q2, according to CoinDesk, extending the downward pattern seen during structurally bearish periods such as 2018 and 2022.
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