The price of bitcoin is consolidated, but altcoins fall: decompose how and why

• Bitcoin remains stable because the Altcoin metrics show a sharp drop in engagement and performance.
• Altcoins show repeated negative momentum signals, aligning with historical correction periods.

Recent data on chain data diverge divergent trends between Bitcoin (BTC) and the rest of the Altcoin sector.

Cryptoist analysts have confirmed the consolidation during Bitcoin over $ 83,000.

Meanwhile, altcoins are struggling with increased volatility, sliding commitment measures and depressed assessments.

The momentum tells the first part of the story

From October 2022 to April 2025, the mobile average at 365 days of Bitcoin (DMA) constantly exceeded the averages of 30 days across the market, highlighting its dominant momentum.

Altcoins seem to lose steam. Because the relationship between the averages of 365 days and 30 days for non -BTC assets was -11%, at the time of the press, echoing the slowdown observed in October 2023.

In fact, large capitalization and small altcoins are sunk in a repeated negative territory-reflecting the systemic underperformance towards Bitcoin.

Brief growth of growth emerged between April and June 2024. That said, these intervals proved to be ephemeral, the altcoins not being supported by real dynamics.

Bitcoin, however, posted coherent resilience through bullish and corrective waves, strengthening its position of domination.

In addition, the Alphractal correlation thermal card shows this divergence.

BTC, on the other hand, remained resilient

Since the beginning of 2024, the correlation scores between BTC and 56 Altcoins have failed wildly.

In addition to this, lower correlation levels – often marked in blue – tend to precede volatility peaks and price reversals for Bitcoin, while aligning with local BTC summits.

At the time of writing, the correlation values ​​oscillated between +1 and -0.5, which means instability in the way altcoins reflect the action of bitcoin prices.

The main altcoin performance data reveals a dark image.

Ethusdt plunged -9.9% to 0.749, the BNBUSDT dropped from -25.1% to 0.4299, LTCUSDT almost disappeared with -99.66%, negotiating almost 0.0006 and Linkusdt fell -33.97%.

The measurements on the chain of Ethereum (ETH) confirm the fragility.

For example, from the end of January to April the first week, daily active addresses decreased by 41%, from 711,578 to 419,445. On the other hand, the ETH itself went from $ 3,319.97 to $ 1,805.96, a nose of 45.6%.

In fact, a similar scheme is obvious in Solana (soil).

The zoom on Solana reveals a deeper correction

Solana Active is 59% – from 10.3 million from January 20 to 4.18 million on April 4, while Price fell 49%, from $ 242.35 to $ 122.77.

BTC seems more stable in comparison.

Active addresses dropped by 26%, from more than 1.1 million in December 2024 to 809,254 on April 5. At the same time, Price has consolidated between $ 80,000 and $ 86,000 to March and April.

The volume of transactions on the Bitcoin network dropped by 45%, from 533,599 on March 23 to 293,310 before April 5. Despite this, the Bitcoin price fell only 4% during the same period, reporting a consolidation phase rather than capitulation.

These data highlight a striking contrast between Bitcoin, the main asset of the Crypto Market and its alternatives.

Altcoins seem to face deeper commitment challenges, which extend beyond the simple price reductions. Meanwhile, Bitcoin remains the most resilient option, although some consider its reduced network activity as a sign of reduction in speculative interest.