The altcoin market continues to show signs of weakness when measured against Bitcoin, according to the latest analysis by crypto trader Daan Crypto Trade.
Using the TOTAL2/BTC chart — which tracks the combined market capitalization of altcoins relative to Bitcoin — the data indicates prolonged underperformance, with little evidence of a recovery.
According to Daan, the last meaningful rebound occurred after the most recent election cycle. During that period, altcoins managed to recoup a portion of their multi-year losses.
However, momentum has since faded, and the ratio has resumed its downward trajectory, reflecting waning investor confidence in the broader altcoin sector.
“BTC remains the best overall performing asset,” Daan emphasized, highlighting the continued dominance of Bitcoin in both returns and resilience.
The chart accompanying the analysis shows a persistent downtrend in the TOTAL2/BTC pair, which has declined steadily over the past three years. Despite brief rallies, the market cap ratio remains close to its cycle lows, signaling that capital continues to favor Bitcoin over alternative cryptocurrencies.
Daan notes that while there are individual altcoins that have outperformed, identifying them consistently requires precision and careful selection. “There’s plenty of outperformers out there but you must pick them wisely and carefully. Otherwise, you’re often better off holding BTC,” he concluded.
As the market awaits signs of a broader altcoin revival, Bitcoin continues to assert its position as the most reliable asset in the crypto space.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/altcoin-market-cap-struggles-against-bitcoin-as-performance-gap-widens/