After several hesitant months, altcoins are now outpacing the flagship asset.
The first half of 2021 in the crypto markets brought many comparisons to 2017. Bitcoin (BTC) was on a tear to its all-time high, the new frontier of decentralized finance emerged, and nonfungible tokens were gaining myriad celebrity endorsements. But after the initial months of euphoria and a subsequent sell-off, BTC’s performance has been far more lackluster. The recent market sell-off resulting from the Evergrande crisis has compounded fears. However, it can’t be ignored that many altcoins, particularly platform tokens, have undergone impressive runs and, in some cases, even bucked broader market trends. With hopes still high that another bull run is likely during this halving cycle, should BTC holders be worried that the flagship asset is underperforming? 2021 by the numbersBetween January and reaching its all-time high (ATH) of nearly $6
Źródło: https://cointelegraph.com/news/diminishing-returns-is-bitcoin-underperforming-compared-to-altcoins
