Crypto Loses $305 Billion in Q2, Sending Market Cap to a 21-Month Low
TL;DR:
- The total valuation of the sector declined by 12.6% in the second quarter of 2026, erasing $304.8 billion.
- Average daily trading volume decreased by 20.9% quarter-over-quarter to $93.1 billion.
- Prediction markets recorded a notional volume of $113.8 billion during the same period.
The Q2 2026 report from CoinGecko revealed that crypto market capitalization closed its third consecutive quarter in red territory after losing $304.8 billion. Overall, the segment recorded a 12.6% quarter-over-quarter drop, setting global valuation at $2.1 trillion at the end of June.
Read the full breakdown:https://t.co/xYdJZIO2AL
— CoinGecko (@coingecko) July 23, 2026
Liquidity contraction and performance of major assets
The official CoinGecko report indicates that this figure represents the lowest point reached by the market since September 2024. The current level sits approximately 52% below the all-time high of October 2025.
The report attributes June’s downward pressure to the Federal Reserve’s monetary stance, geopolitical tensions between the United States and Iran, and a symbolic Bitcoin sale executed by Strategy.
… Continue reading the full article at the original source below.
