Only 9 of the top 50 altcoins have outperformed Bitcoin since its October peak.
Fresh Glassnode data shows 9 of the 50 largest alts at Bitcoin’s peak last October delivered higher returns than Bitcoin.
Zcash leads with almost 14.5 times Bitcoin’s return, followed by HYPE (~2.9×), Monero (~2.6×), Near (~2.1×) and UNI, TRX, LEO, TAO also outperformed.
41 alts failed to beat Bitcoin, though many still posted positive USD gains, highlighting the opportunity cost of shifting capital from Bitcoin.
Glassnode’s newer metrics reveal that over the past week 72 % of tracked alts outperformed Bitcoin, up from a peak of 39 % in August, while altcoin perpetual open interest stayed flat.
Altcoin market‑share change remained negative at ‑0.9 % despite a 21 % month‑over‑month increase in combined market cap.
Do you think the current altcoin performance shift signals a durable trend or a short‑term anomaly?
#Altcoins #Bitcoin #CryptoAnalytics #MarketData #FinTech
Fresh Glassnode data shows 9 of the 50 largest alts at Bitcoin’s peak last October delivered higher returns than Bitcoin.
Zcash leads with almost 14.5 times Bitcoin’s return, followed by HYPE (~2.9×), Monero (~2.6×), Near (~2.1×) and UNI, TRX, LEO, TAO also outperformed.
41 alts failed to beat Bitcoin, though many still posted positive USD gains, highlighting the opportunity cost of shifting capital from Bitcoin.
Glassnode’s newer metrics reveal that over the past week 72 % of tracked alts outperformed Bitcoin, up from a peak of 39 % in August, while altcoin perpetual open interest stayed flat.
Altcoin market‑share change remained negative at ‑0.9 % despite a 21 % month‑over‑month increase in combined market cap.
Do you think the current altcoin performance shift signals a durable trend or a short‑term anomaly?
#Altcoins #Bitcoin #CryptoAnalytics #MarketData #FinTech
