Bitcoin Has Been the Market’s Only Reliable Winner for Two Years

Bitcoin has pulled away from the rest of the crypto market in a way that is getting harder to ignore. Over the past two years, Bitcoin gained 28%, while the median mid-cap altcoin fell 74%, according to a new report from analytics firm Glassnode and crypto exchange Bybit.The numbers describe more than a performance gap. They point to a market where gains have become increasingly concentrated around Bitcoin, while much of the rest of crypto has struggled to keep pace.Ethereum, the market’s