Why Do Bitcoin, Ethereum Suddenly Underperform Altcoins?
Posted On November 18, 2025
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are underperforming not just equities but even altcoins — an unusual dynamic that reflects a market trading almost entirely on macro signals rather than crypto-native fundamentals.
What Happened: New research from Wintermute shows the latest crypto selloff wasn’t sparked by structural weakness. Instead, it was a macro-driven flush, triggered by a rapid repricing of December rate-cut expectations.
After Fed Chair Jerome Powell walked back earlier dovish comments, odds of a …