In its ‘Navigating Crypto in 2026’ outlook, the fund says non-bitcoin tokens have been sliding since late 2024, weighed down by weak value capture, slowing on-chain activity, and fading retail flows.

bitcoinBitcoin
$ 68,075.00
$ 68,075.00
4.56%
ethereumEthereum
$ 1,918.42
$ 1,918.42
4.56%
tetherTether
$ 0.999073
$ 0.999073
0.01%
xrpXRP
$ 1.01
$ 1.01
2.5%
bnbBNB
$ 627.87
$ 627.87
3.78%
usd-coinUSDC
$ 0.999481
$ 0.999481
0.01%

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bitcoin
Bitcoin (BTC) $ 68,075.00
ethereum
Ethereum (ETH) $ 1,918.42
tether
Tether (USDT) $ 0.999073
xrp
XRP (XRP) $ 1.01
bnb
BNB (BNB) $ 627.87
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999481