Key Points
- Only a few altcoins currently have a high correlation to Bitcoin.
- Infrastructure coins like Ethereum are slow, while institutional, stablecoins, and meme-based coins are surviving.
Altcoins are diverging from Bitcoin’s path, with only a select few maintaining a strong correlation.
Altcoin Performance
The performance of infrastructure coins, such as Ethereum, is currently sluggish.
Surviving Coins
On the other hand, coins associated with institutional adoption, stablecoins, and meme-based coins are showing resilience in the market.
