Retails Vs Institution (Story of November) $BTC $ZEC For the past years, Bitcoin has outperformed almost all altcoins, pushed by ETF flows and institutional buying. But this month, there's something interesting going on
Bitcoin: –19.5% in November
Total Market Cap: –17%
OTHERS (retail coins): –16.5% (Excluding top 10, non ETF's and non institutional coins)
That doesn’t mean an alt season is coming anytime soon. The OTHERS chart is still messy, and institutions are selling heavily, but retail is still holding on with hope.