Glassnode data shows that nearly every major crypto sector has underperformed Bitcoin over the past 3 months.

📉 Performance Overview:

• BTC: –26%

• ETH: –36%

• AI tokens: –48%

• Memecoins: –56%

Altcoins continue to show much higher downside volatility, highlighting weaker demand and reduced risk appetite compared to Bitcoin.

$BTC

BTCUSDT

Perp

87,346.1

+0.26%

$ETH

ETHUSDT

Perp

2,916.93

-0.47%