According to Glassnode, Bitcoin's performance in this cycle is not significantly different from its performance in previous cycles, despite the significant expansion of the cryptocurrency market.
In the previous two cycles, there was a 10-fold increase from the bottom.
In this cycle, which has not yet ended, Bitcoin has gained more than 6.5 times from its bottom of 15500$ .
🔥 This cycle so far can be summarized as:
1️⃣: Bitcoin
2️⃣: Meme coins on various networks
As for altcoins, they are in a deep sleep.
