the king of cryptocurrencies outperforms altcoins for 3 months
Bitcoin withstands the drop the best
The cryptocurrency market has experienced a widespread decline over the past three months, but Bitcoin (BTC) has still managed to outperform most other areas of its sector. According to a recent analysis by Glassnode, BTC has weathered the storm better than popular categories like AI tokens or Ethereum (ETH).
Bitcoin manages to limit the damage compared to the rest of the crypto market
Since September, the price of Bitcoin has dropped by about 25% as, although it reached a new all-time high of $126,000 in early October, the leader of crypto-assets is currently around $86,000 only.