Bitcoin Stuck Below $30K as Buyers Remain on Sidelines

Meanwhile, most alternative cryptos (altcoins) underperformed Bitcoin ( $75,931.00 ) on Tuesday, which suggests traders are still not comfortable with taking on additional risk. Bitcoin ( $75,931.00 ) ’s market cap relative to the total crypto market cap ticked higher over the past three days after breaking above a yearlong downtrend on May 13. Typically, alts underperform BTC during down markets because of their higher risk profile.