Alts are lagging behind, as BTC outshines in the crypto market

When Bitcoin performs well, many altcoins follow it and experience a surge in value as well. Usually even more than how much BTC pumps.

This was not the case however this time, with the number of banks collapsing, BTC also saw a massive price cut.

However, BTC decided to be BTC again and had a huge 20% daily candle.

BTC, almost back to its 90 day high

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ETH/BTC was almost unchanged.

This was not the case however with alts, with most alts bleeding compared to BTC

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Most alts are lagging behind and are down 10-15% compared to BTC

Bitcoin also recently flipped tech giant Meta and is approaching Tesla in market cap

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BTC surpassed Meta in MC

BTC is clearly doing very good compared to US stock market (YoY) but a point to note here is that it is also gaining in tech related MC index. Which is a very good sign because Bitcoin has usually followed NASDAQ.

*This is NFA, crypto markets are very volatile no one knows what will happen in the future*