Cryptocurrency analyst Miles Deutscher has released data showing that only 12 of the top 100 cryptocurrencies by market cap have delivered positive returns over the past 90 days.
Leading the gains was BERA, which surged by an impressive 579.63%, followed by TRUMP with an 85.61% increase and BGB with a 72.68% increase. Other top-performing tokens included DEXE, IP, GT, OM, PAXG, XMR, XAUt, HYPE, and LEO.
Meanwhile, major cryptocurrencies suffered significant losses. Chainlink (LINK) led the declines with a 40% drop, closely followed by Sui (SUI) with -39.48% and JTO with -38.83%. Even Bitcoin (BTC) could not save itself from the loss, falling by 13.47%, while Binance Coin (BNB) fell by 19.25% and Cardano (ADA) by 30.71%.
Deutscher noted that it has become increasingly difficult to pick winners in the current market, with many investors facing losses. Unlike previous bull cycles, where long-term investors were generally rewarded, the market has shifted into what he describes as a “rotational market,” where capital moves rapidly between different sectors and assets.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/only-12-of-the-100-biggest-cryptocurrencies-made-a-profit-in-the-last-three-months-heres-the-list/