Barclays: Without Big Catalysts, 2026 Will Be a "Year of Downside" for Cryptocurrency Markets

Barclays predicts that the volume of cryptocurrencies will be lower in 2026, and there is no clear catalyst to boost the market activity level. The bank pointed out that the slowdown in the growth rate of the cash market is putting pressure on the revenue of retail platforms such as Coinbase and Robinhood. Although the market faces multiple resistance in the short term, regulatory clarity - including bills related to the market structure to be considered - may set the stage for long-term growth of the market.