Most cryptocurrencies peaked in 2021 or early 2018, and very few have returned to those all-time highs, indicating a significant decline in market performance.
Only half of the top 100 altcoins from November 2022 remain in that category today, reflecting the volatility and survival challenges within the crypto space.
Bitcoin has quadrupled in price since its lows, contrasting sharply with most altcoins, many of which are still 90% below their all-time highs.
The occasional bursts of speculative mania, known as "altseason," can lead to temporary price spikes in altcoins, but these moments are rare and brief.
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