Crypto Market Cap Drops 12.6% in Q2 2026 to $2.1 Trillion

The cryptocurrency market experienced its third consecutive quarter of contraction in Q2 2026, with a decline of 12.6% in total market capitalization.

The market cap dropped from $2.4 trillion to $2.1 trillion, as reported by CoinGecko.

Average daily volumes also saw a significant decrease of 20.9% from the previous quarter.

This downturn is reflected in prediction markets, particularly concerning Hyperliquid's future price.

The current market pricing suggests skepticism about Hyperliquid reaching its $100 target by the end of 2026.