3 Crypto Stocks to Watch This Week After Brutal Q2 Earnings Shock

Coinbase (NASDAQ: COIN) and Strategy (NASDAQ: MSTR) reported their earnings for Q2 2026 on July 30. The two companies made losses during the quarter, with this coming on the back of declining crypto prices and weak trading volumes. These earnings results have led to investors questioning how these crypto stocks will perform in the coming week as another crypto company, Marathon Digital (NASDAQ: MARA), also reports its Q2 earnings on August 6.

Q2 2026 Earnings Reveal Bear Market Impact on Crypto Firms

Strategy reported its earnings for Q2 2026 on July 30. The company revealed that it made a net loss of $8.22 billion during that quarter. That net loss was due to an $8.33 billion unrealized loss on the Bitcoin that it holds.

The company also reported an Earnings Per share of -24.45, which was below the $0.79 expected by Wall Street. Revenue also reached $122.4 million, which was a 6.9% increase compared to the $114.5 million reported in Q2 2025.

Coinbase also reported a loss per share of $1.36, while the net loss came in at $359.5 million.

The company also reported a revenue of $1.2 billion, which was lower than the $1.3 billion that was expected, while the transaction revenues came in at $599.2 million. This transaction revenue was a 21% drop compared to Q1 2026.

The earnings pushed the two crypto stocks lower. COIN stock price dropped by 10% on July 31 to close trading at $146. MSTR stock price also dropped by 4.56% on July 31 to close trading at $93.

COIN Crypto Stock Outlook Amid Crash to Multi-Week Lows

COIN stock price dropped to its lowest price since July 1 of $146. The volume histogram bars suggest that the drop occurred because of high selling pressure, with the volume bar that is red rising to the highest point since February 2026.

If this selling pressure continues in the week between August 3 and August 7, COIN stock price could drop to the June 26 low of $139.

The RSI reading of 40 suggests that the momentum is favoring bears. The RSI line is also tipping south, suggesting that bears are tightening their grip on Coinbase shares.

The ADX line that is tipping south also suggests that the downtrend is becoming strong, and this could take this crypto stock to $139.

MSTR Stock Price Drops Below All Key EMAs

The price of MSTR stock has dropped below the 20-day EMA and the 50-day EMA. This drop suggests that the short-term outlook is favoring bears.

If the drop continues, the stock could move below the psychological support of $90. Closing below this support could send Strategy shares to $1, like it occurred on June 26.

Still, the AO bars that are green suggest that bears are losing their grip, and this could allow the price of MSTR shares to remain above the support of $90.

But MSTR stock price needs to move above the psychological resistance of $100 to confirm that bulls have regained control.

MARA Crypto Stock Price Outlook as Bearish Pressure Grows

MARA stock price dropped by 4.23% on August 2 to close trading at $11. Despite this drop, this crypto stock is up by 24% in one month since February 2.

Still, MARA stock is under bearish momentum. The RSI reading of 44 suggests that bears have a good grip. The AO bars that are red and growing in length also suggest that the bearish momentum is becoming strong.

MARA shares might drop below the psychological support of $10 if the selling pressure increases. The last time that MARA stock traded below this support of $10 was on July 29, but the price quickly bounced back after that drop.

Mara Holdings will also release its earnings for Q2 2026 on August 6, an event that could make the stock more volatile in the coming week.