Currently, the cryptocurrency industry is experiencing a downturn. Over the past 30 days, Bitcoin and Ethereum, the top two cryptocurrencies, have seen declines of 1.9% and 11.1%, respectively.
These losses are leading investors to question the potential for recovery in the market. Despite the overall negative sentiment, altcoins are showing signs of strength and are outperforming Bitcoin and Ethereum.
This performance could indicate a significant market shift, with investors considering diversifying their portfolios to include more altcoins.