NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump?

With Altcoins on the Rise, do Analysts Expect For Bitcoin (BTC) to Outperform?

Nick Chong
Nick Chong
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ever since Bitcoin (BTC) began to rally in April, altcoins fell out of favor with most in the crypto community. No longer were people looking for the next winner, they were instead trying to determine where the leading crypto asset would top out.

And top Bitcoin did earlier this week. After rallying by 20% in a single day — a daily gain not seen since early-April — BTC collapsed by over $3,000 in the following 36 hours, showing an uncharacteristic bout of weakness amid a wider uptrend.

Related Reading: Analyst: Bitcoin Could Target $8,200 Next Despite Recent Stability; Is the Bull Run Over?

With this move, altcoins, for some reason, have become the talk of the town once again. In fact, as popular cryptocurrency trader Nik Patel has pointed out, worldwide “search interest” (as defined by Google) for the term “altcoins” is expected to reach 12-month highs this week.

It isn’t clear why exactly this is the case, but it could mark a migration of Bitcoin profits into smaller digital assets, many of which have suffered greatly as BTC has found itself up week-over-week. But, do analysts expect for altcoins to outperform the market leader?

… pic.twitter.com/7GhfdqLrab

— Nik (@cointradernik) June 29, 2019

Will Bitcoin be Outperformed by Altcoins? 

Well, to answer the aforementioned question, yes and no. Yes in that some altcoins will likely outperform Bitcoin; no in that many are likely to underperform BTC, and may even be wiped off the face of the cryptocurrency market.

What this writer is referring to is the bifurcation between “good” altcoins and “bad” altcoins. Over 2016 and 2017’s crazy bull run, which saw Bitcoin appreciate by 2,000%, but altcoins simultaneously gain tens of thousands of percent, there were countless digital assets created.

Related Reading: Space Holds The Key to The Bitcoin (BTC) Moon Mission: Flipping Gold

Each startup tried to fit a cryptocurrency into their business model, even if the viability of the asset or blockchain wasn’t there. Despite the array of uninspired coins, most rallied anyway, catalyzed off good marketing, social media manipulation tactics, and what is best known as “The Fear of Missing Out”, FOMO.

But, with the crypto asset market now maturing, especially in terms of institutional involvement, most analysts expect for a large rift to grow between those projects deemed promising and those deemed horrid.

For instance, in a recent interview with BlockTV, a Binance executive explained that in the coming market cycle, investors will start to determine the good assets from the bad, hence why many cryptocurrencies are performing differently.

Bitcoin, for instance, is up over 200% from the bottom; Litecoin, some 600%; Binance Coin, at least 400%. And at the same time, many assets have dwindled, losing traction for some reason or another. This bifurcation may continue according to notable commodities analyst Peter Brandt.

He says that the uptrend in Bitcoin dominance could continue, quipping that “crypto maniacs” who believe altcoins will “benefit from bull runs in Bitcoin… may be very disappointed.”

Backing his point, Brandt likens the previous bull run to the Nasdaq’s Dotcom boom and bust, but this surge to the subsequent rally, during which “altcoms” died out and “dotcoms with real value exploded.”

Featured Image from Shutterstock
Tweet123Share251ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Crypto news

Crypto Bloodbath Shakes Market—But Is The Real Storm Still To Come?

Crypto absorbed its largest liquidation shock of 2025, with the heaviest single-day wipeouts since summer 2023 for ETH and SOL...

Jake Simmons 2 hours ago
Bitcoin

Bitcoin Falls Below $113,000, But This Indicator Says It’s Time To Buy

Bitcoin has slipped under the $113,000 level during the past day, but an analyst has pointed out how a technical...

Keshav Verma 3 hours ago
Dogecoin

Dogecoin Remains In The Green As This Historic Indicator Still Points To Gains

Dogecoin remains in bullish territory, with key technical indicators indicating further upside potential. Despite recent market fluctuations, the meme coin...

Godspower Owie 4 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

dogecoin-x5-prevente-maxi-doge

Grayscale Files For New Dogecoin ETF Amid Approval Expectations, Is The Next Price Surge Coming?

Sandra White 1 minute ago

迷因幣回檔 Snorter Bot Token 持續捕獵新機會 ICO 募資已破400萬美金

estherw 1 hour ago
Solana

From Store Of Value To DeFi Powerhouse: Solana Unlocks Bitcoin’s True Utility — Here’s How

Godspower Owie 1 hour ago

Premium Sponsors

Press Releases

  • 5 mincí, které by v kryptobublině v roce 2025 mohly dosáhnout 10 miliard dolarů

    5 mincí, které by v kryptobublině v roce 2025 mohly...

    7 hours ago
  • 5 érme, amelyek 2025-ben elérhetik a 10 milliárd dollárt a kriptobuborékban

    5 érme, amelyek 2025-ben elérhetik a 10 milliárd...

    8 hours ago
  • 5 monet, które mogą osiągnąć 10 miliardów dolarów w bańce kryptowalutowej w 2025 roku

    5 monet, które mogą osiągnąć 10 miliardów dolarów w...

    8 hours ago
  • 5 монети, които биха могли да...

    8 hours ago
  • Pet kriptovaluta koje u kripto balonu 2025. mogu dosegnuti tržišnu vrijednost od 10 milijardi dolara

    Pet kriptovaluta koje u kripto balonu 2025. mogu dosegnuti...

    10 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.