Most crypto sectors lagged Bitcoin over past 3 months: Glassnode
Glassnode data shows most crypto sectors underperformed Bitcoin over the last three months, indicating capital concentration favors BTC.Summary
According to on-chain analytics platform Glassnode, the average return across nearly all cryptocurrency sectors has underperformed Bitcoin over the past three months, suggesting that capital and investment continue to favor BTC. While Bitcoin retreated by about 26% in that period, other sectors saw steeper declines: Ether fell approximately 36%, AI tokens dropped 48%, memecoins tanked 56%, and real-world asset tokenization was down 46%. This persistent relative weakness highlights a market environment where capital concentration favors Bitcoin, reinforcing its position as a safer haven amid volatility, driven by its established reputation and increasing institutional interest, according to LVRG Research director Nick Ruck.
(Source：Cointelegraph)