Crypto analyst Miles Deutscher has shared recent data highlighting a challenging period for the digital asset market, revealing that only 12 out of the top 100 cryptocurrencies by market capitalization have posted positive returns in the past three months.
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Leading the way in gains was BERA, which skyrocketed by nearly 580%, followed by TRUMP with an 85% increase and BGB at 72%. Other notable gainers included DEXE, IP, GT, OM, PAXG, XMR, XAUt, HYPE, and LEO.
On the flip side, many prominent cryptocurrencies faced substantial declines. Chainlink (LINK) experienced a sharp 40% drop, followed by Sui (SUI) at -39.48%, and JTO at -38.83%. Bitcoin (BTC) saw a 13% decrease, while Binance Coin (BNB) fell by 19.25%, and Cardano (ADA) suffered a 30% loss.
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Deutscher pointed out the difficulty investors are facing in the current environment, which he describes as a “rotational market.”
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Alexander Zdravkov
