Why Holding Anything But Bitcoin Has Been a Losing Bet for Two Years
What Decrypt reports, why it matters and what remains unconfirmed.
The story in one view
- Reported by
- Decrypt
- Coverage lens
- Markets and price action
- Published
- Evidence status
- Cross-source reports linked
What Decrypt reports
A Glassnode and Bybit report frames the divergence as the defining feature of this cycle, with froth pooling in the market's riskiest corners even as Bitcoin does the heavy lifting.
The immediate significance
The report identifies a markets development, but the available information does not provide enough matched evidence for a more specific impact judgment. That assessment remains open.
Decrypt and CoinDesk have also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
The named assets, right now
Spot quotes from Kraken, checked .
How the story developed
Decrypt and CoinDesk are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
Decrypt Bitcoin Will Hit $1 Million, Says Kevin O’Leary—But There’s a Quantum Catch
Kevin O'Leary believes Bitcoin could hit $1 million if crypto beats its quantum computing problem, and explained why he's ditching Ethereum.
CoinDesk Why Wall Street giants build tokenization money for institutions, not regular consumers
JPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something neither has done.
CoinDesk Ripple says asset managers are preparing for XRP Ledger’s next payments upgrade
The upcoming Batch V1.1 can make linked asset and payment transfers succeed together or fail together, and Ripple says commercial projects are already being built around the feature after an extensive security review.
Decrypt Bitcoin's Sharpest Rally in Two Years Ran Almost Entirely on Short Liquidations
A Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.
CoinDesk Crypto traders braced for a total wipeout this week but Bitcoin had other plans
Market experts view bitcoin’s price stability as evidence of its fundamental independence from Washington, maintaining that global liquidity and adoption cycles remain the primary growth drivers.
DecryptCurrent briefing Why Holding Anything But Bitcoin Has Been a Losing Bet for Two Years
A Glassnode and Bybit report frames the divergence as the defining feature of this cycle, with froth pooling in the market's riskiest corners even as Bitcoin does the heavy lifting.
Related Articles And Podcast
Further reporting and analysis on this story.
Daily Crypto Deep Dive: What If Altseason Never Comes Back?
For years, crypto investors have relied on the same cycle: Bitcoin runs first, Ethereum follows, then money floods into large-cap altcoins, smaller…
Read the notes and play the episode