The Alts are doing very bad
Looking at the alternative coins, such as solana, toncoin, dogecoin and many more, has drop much more than BTC. Tron plummeted to a one-year low of under $0.1
The meme coin sector is also deep in the red, losing almost 30% of its total market capitalization. Some of the poorest performers include Dogecoin, Pepe, Floki Inu, Brett and many others.
Despite the sad performance, there are still some cryptocurrencies that are still doing a bit good in the last 24 hours. Dogwifhat, VeChain and a few risen by 3%
It's not new anymore, most alts that dip soo down are those alts/tokens that increase due only to hype. Recovering from these will be likely so difficult unlike those coins who usually saw in top 20 on cmc based on marketcap.