Bitcoin Shocktober Continues To Outperform Altcoins En Masse

Bitcoin Shocktober Continues To Outperform Altcoins En Masse


In the crypto top 10 by market cap, Bitcoin reigns supreme with no other cryptocurrency close to matching its performance in the daily (-1%) and weekly (16.6%) charts. While BTC’s price trades at $57,415, near its previous highs before May’s crash, the altcoin market lags.

BTC with minor losses in the daily chart. Source: BTCUSD Tradingview

The second cryptocurrency by market cap, Ethereum (ETH), records a 3.9% loss in the daily and only a 2% profit in the weekly chart. In the meantime, ADA (-4.7%), XRP (-5.7%), SOL (-5.4%), DOT (-6%) are in the red alongside other major coins.

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In higher timeframes, Bitcoin widened the performance margin with the rest of

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