Despite the price decline, Bitcoin continues to prove its relative strength within the crypto market.
According to Glassnode data, the price of BTC has dropped by about 26% over the last three months, yet it has outperformed most other market sectors.
In contrast, it recorded:
Ethereum a deeper decline of about -36%
AI tokens losses reaching -48%
Meme coins were the most affected with a decline of nearly -56%
This performance clearly reflects that investors tend to gravitate towards stronger and more liquid havens during correction periods, as Bitcoin maintains its position as a leading and relatively less volatile asset compared to the rest of the market. It also indicates that capital exits high-risk sectors first before leaving Bitcoin itself.
BTC
86,642.66
+0.26%