Over the past few weeks, small-cap crypto assets — altcoins — have been outperforming the market leader in Bitcoin. But there are clear technical and fundamental signs that indicate that the relative rallies in cryptocurrency against BTC will soon come to an end.
Small-Cap Crypto Assets Are Underperforming
According to a report from crypto research firm Arcane Research published on May 22nd, the Small Caps Altcoin Index (a weighted index of the top 30-70 cryptocurrencies) has strongly outperformed Bitcoin over recent weeks.
This class of crypto assets — which excludes coins like Ethereum, Litecoin, XRP, and so on — is up more than 20% since May has begun. Over the same time frame, BTC is up by a mere 2.57% and large-cap altcoins are effectively flat.
Research by cryptocurrency analysis firm Arcane Research (May 22, 2020…
Click to continue reading on its source location…