38% of Altcoins Trade Near Cycle Lows: Inside Crypto's K-Shaped Recovery
For the first time in crypto history, a rising tide is not lifting all boats. As Bitcoin holds steady above $70,000 with institutional ETF inflows surpassing $65 billion in cumulative net purchases, 38% of altcoins are trading near their all-time or cycle lows — a figure that surpasses even the darkest days following FTX's collapse in November 2022. Welcome to crypto's K-shaped recovery, where the gap between the haves and have-nots has never been wider.