In what many hoped would be crypto’s biggest year ever, most altcoins had a torrid time, consistently underperforming Bitcoin (BTC) and traditional assets.

Since the beginning of the year, the S&P 500 is up 17%, while BTC is down 6%, and the TradingView category? “Others,” which represents the altcoin space, is down a brutal 43%.

While BTC struggled relative to traditional financial assets and even outperformed for a portion of the year, the altcoin space was completely destroyed.

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