Crypto Market Quarterly Review (Q2 2023)
San Francisco • Jul 12, 2023
The second quarter of 2023 featured the most extreme mix of good and bad news in crypto’s history. In the end, crypto assets reacted positively to the bipolar series of events, finishing the quarter up nearly 5%. In this redesigned quarterly review, the Bitwise research team outlines the key data points that shaped crypto markets in recent months: correlations, trading volume, fund flows, blockchain revenues, real-world use cases, and more. Read it to understand why we believe industry fundamentals indicate the start of a multi-year bull market in crypto.
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Access this report for key data points that shaped crypto markets in recent months.
Bitwise Asset Management is a global asset manager specializing in crypto and onchain finance with a nine-year track record and more than $14 billion in client assets. The firm’s suite of over 70 investment products—spanning ETFs, option income strategies, model portfolios, DeFi vaults, tokenized funds, and staking—helps investors access opportunities across the financial frontier. Bitwise serves more than 5,500 private wealth teams, RIAs, family offices, and institutional investors, as well as 21 banks and broker-dealers. The company is headquartered in San Francisco, with offices in New York and London.
