Coinbase’s Q2 2020 crypto report in collaboration with Glassnode predicts that the cryptocurrency market should soon form a bottom.
In Q1 2026 the market cap of all cryptocurrencies fell 18%. The stablecoins market also grew, from $308 to $318 Billion.
That said, roughly 70% of non-institutions and 82% of institutions have categorized the crypto market as being in –
You can either be in the early bear market or late bear markets.
This might seem alarming, but it is a huge jump from the 1% in December 2020 and the 36% of December 2025.
Bitcoin and Ethereum Price Recap
When analyzing the mood surrounding Bitcoin’s price, the majority of investors view it as a good investment. [BTC] It is “undervalued,” The current pricing levels are not sustainable.
According to institutions, current prices do not reflect future demand for the asset.
Bitcoin was trading at $78,057.04 as of the time of publication, an increase in value by over 13% compared to 30 days ago. Spot Bitcoin ETF registered inflows totaling $2.135 Billion in just the month of March.
In contrast, at the start of Q2 in 2026 the mood surrounding Ethereum was quite different. [ETH] Has changed “hope”.
The market could have cleared out some players that were only involved in speculation. This comes on the heels of ETH’s price trading at $2,324.01 at press time, up by 12% over the previous month.
The report stated that, in light of these factors, the outlook for cryptocurrency markets Q2 of 2026 was favorable. “neutral.”
What can we expect?
In Q1 2026, the performance of the cryptomarket was impacted by Middle East geopolitical events.
Other “idiosyncratic factors,” Like regulatory developments in particular, those that relate to the CLARITY ActAnd the Emergence of agentic AIThe crypto market has also been affected by.
Goldman Sachs has also been involved in the Goldman Sachs scandal. predicted The cryptocurrency market may have hit its bottom a while ago.
Simply put, it indicates that there is a good chance of a rebound in 2026’s second quarter. The Crypto Fear and Greed Index will remain in place as long as it remains at the current level. “fear” Skepticism is likely to continue in the zone.

Final Summary
- Even as stablecoins expanded, the cryptomarket experienced volatility during Q1 of 2026. Its capitalization dropped by 18%.
- The market could be approaching its bottom, despite the geopolitical tensions and ongoing regulatory concerns.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: ambcrypto.com

