Bitwise Large-Cap Crypto Index Rises 46.4% in Q3 Rebound

Bitwise’s large-cap crypto index rose 46.4% in the third quarter as crypto prices and onchain activity rebounded, though the index remained down 6.2% for the year through September. Bitcoin (BTC) gained 42.3% during the quarter, while Ether (ETH) rose 69.1% and Solana (SOL) climbed 59.2%. All 10 assets in the index recorded double-digit gains. Chainlink (LINK) led with a 97.6% increase. Bitwise Chief Investment Officer Matt Hougan said Q3 “may have been one of the best quarters in crypto’s history.” He described a sharp upward turn in the firm’s tracked indicators as a sign of “the start of a crypto…