Coinbase Institutional and Glassnode released a joint Q2 2026 report. The report projects a positive shift in the macroeconomic environment. Crypto assets may bottom out in the near term and recover later this quarter.
Bitcoin sentiment shifted from "fear" in Q1 to "optimism." Three-quarters of institutional and non-institutional respondents view Bitcoin as undervalued.
Ethereum short-term supply fell 38%. This decrease suggests speculative traders exited the market.