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via BeInCrypto · By BeInCrypto Editorial
Bitcoin Crushed Top 100 Altcoins Since 2020, But Charts Indicate More Pain by July
BTC
BTC/USDT
$79,654.00
-2.05%
$79,654.00
-2.05%
(24s)24h Volume
$16,815,661,872.85
24h H/L
$81,351.56 / $78,660.00
Change: $2,691.56 (3.42%)
Long/Short
52.7%
Long: 52.7%Short: 47.3%
Funding Rate
-0.0011%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(10:30 PM UTC)
1 min read
Bitcoin (BTC) has beaten nearly all of the top 100 altcoins since 2020, and chart data now points to almost 50% more downside for the broad altcoin market.
The total altcoin market cap, tracked as TOTAL2, trades near $864 billion after a steep weekly drop. Two charts explain why the pressure could continue.
Bitcoin Beat the 2020 Top 100 Altcoins by a Wide Margin
The first chart indexes the 2020 top…
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