Glassnode: Only 9 of Top 50 Altcoins Have Outperformed Bitcoin Since Its All-Time High
- —Just 9 of the top 50 altcoins beat BTC since its all-time high
- —ZEC outperformed bitcoin by 14x
- —HYPE, XMR and NEAR gained 2–3x relative to BTC
Why it matters: The data points to narrow capital rotation, with most altcoins lagging bitcoin — a key signal for gauging altseason risk.
Source: PANews