As reported by Blockchainreporter, a recent analysis by Glassnode shows that altcoins have outperformed Bitcoin during the recent market downturn. While Bitcoin typically serves as a safe haven during corrections, altcoins displayed unusual relative strength, with most sectors showing smaller declines than BTC. The shift follows months of altcoin underperformance, as Bitcoin dominated capital inflows. The divergence suggests a potential change in investor sentiment and early signs of sector rotation. DeFi, AI, and meme tokens showed particular resilience, with meme coins even outperforming Bitcoin in the correction.
Altcoins Outperform Bitcoin in Recent Market Downturn, Shows Glassnode Analysis
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