Another BTC dip and alts once again are getting wrecked. In the the last day 21 top 100 alts have just hit brand new All Time Lows against BTC.
As you know an Alt to BTC pair – shows how your crypto investment is performing against BTC. (I.E. are you gaining or losing money on your alt compared to just buying and holding Bitcoin).
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(list is sorted by marketcap)
First on our list is #14 Polkadot a highly inflationary crypto that looks like it’s just bleeding out since early 2022 against BTC.
Polkadot – https://www.coingecko.com/en/coins/polkadot/btc
Next up is #19 Litecoin perhaps the oldest alts still in the top 100. Again on what appears to be a slow bleed towards 0 against BTC.
Litecoin – https://www.coingecko.com/en/coins/litecoin/btc
The #23 Uniswap is another token in the top 100 that just hit a brand new ATL against BTC.
Uniswap – https://www.coingecko.com/en/coins/uniswap/btc
#29 Aptos is the next crypto that appears bleeding out and flatlined against Btc.
Aptos – https://www.coingecko.com/en/coins/aptos/btc
The CDC network token #32 Cronos is another coin continuing it’s multi year bleed out.
Cronos – https://www.coingecko.com/en/coins/cronos/btc
The relatively new token #34 Mantle just hit a new ATL against BTC.
Mantle – https://www.coingecko.com/en/coins/mantle/btc
#35 Filecoin is another crypto that looks like it’s flatlined heading towards $0 against BTC.
Filecoin – https://www.coingecko.com/en/coins/filecoin/btc
#37 Hedera is another victim having just touched and currently sitting at a new ATL against BTC.
Hedera – https://www.coingecko.com/en/coins/hedera/btc
The #39 Arbitrum – a DAO token for Arbitrum Network is on a deep slant down since release
Arbitrum – https://www.coingecko.com/en/coins/arbitrum/btc
Another highly inflationary token #40 Cosmos just keeping reaching new ATL
Cosmos – https://www.coingecko.com/en/coins/cosmos-hub/btc
#45 Optimism just barely touched below its 2022 ATL against BTC
Optimism – https://www.coingecko.com/en/coins/optimism/btc
#48 Sui is another ATL
SUI – https://www.coingecko.com/en/coins/sui/btc
#50 The Graph is yet another crypto that is at an ATL against BTC
The Graph -https://www.coingecko.com/en/coins/the-graph/btc
The rCC darling from 2021 #65 Algorand continues to make ATL against BTC
Algorand – https://www.coingecko.com/en/coins/algorand/btc
#76 EOS is another old crypto that appears to have flatlined on it’s way towards 0 against BTC.
EOS – https://www.coingecko.com/en/coins/eos/btc
#80 Flare is another ATL victim
Flare – https://www.coingecko.com/en/coins/flare/btc
#82 Tezos is yet another crypto at an ATL against BTC
Tezos – https://www.coingecko.com/en/coins/tezos/btc
#86 dYDX is another
dYdX -https://www.coingecko.com/en/coins/dydx-ethdydx/btc
#89 Starknet has a deep wedge down against BTC
Starknet – https://www.coingecko.com/en/coins/starknet/btc
98 Ethena another ATL crypto
Ethena – https://www.coingecko.com/en/coins/ethena/btc
#100 Worldcoin is the final top 100 crypto making a new ATL against Bitcoin
(Unable to add image for Worldcoin due to 20 image limit in a Text Post)
Worldcoin – https://www.coingecko.com/en/coins/worldcoin/btc
So in the last day – 21 out of the top 100 cryptos by marketcap have hit a new ATL against BTC… With many others such as Cardano down incredibly from previous highs but still above their prior ATL against BTC.
The only thing I can say with confidence is that it’s still not a great time to bag hold alts, as the long awaited “Alt Season” still hasn’t arrived.
submitted by /u/GabeSter
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