Bitcoin (BTC) has outperformed nearly all of the 2020 top 100 altcoins since 2020, and chart data suggests the broad altcoin market could face almost 50% more downside. According to BeInCrypto, the total altcoin market cap (TOTAL2) is near $864 billion after a steep weekly drop, with a prior peak at $1.77 trillion.
The outlet says many former leaders lost 90% to 99% versus BTC, with Terra Luna Classic (LUNC) the most extreme collapse. It adds that applying a 75% historical drawdown implies a potential TOTAL2 bottom near $436 billion by mid-July 2026, versus $864.73 billion now; a weekly reclaim of $942.62 billion would weaken the bearish case.
Bitcoin Beat Top 100 Altcoins Since 2020; TOTAL2 Chart Flags Nearly 50% More Downside
2026-06-10 22:41:19
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