Benzinga - by Ivan Crnogatić, Benzinga Editor.
Crypto analyst Miles Deutscher highlighted a fundamental flaw causing altcoins to underperform this cycle, despite Bitcoin (CRYPTO: BTC) more than doubling in value from its 2023 lows.
What Happened: In a detailed thread on X, Deutscher identified altcoin dispersion as a critical issue affecting the crypto market.
A MAJOR fundamental flaw in crypto is starting to emerge.It's the #1 reason why altcoins are underperforming this cycle.
And currently, there seems to be no fix.
I just dug through all the data (what I found was shocking).