Why the global crypto market cap dropped harder than BTC
Bitcoin sets the tone. Once BTC cracked, ETH and altcoins logged double-digit weekly losses. The market cap shrank faster than Bitcoin’s own dip.
In the recent weeks, most of the top altcoins like ETH, SOL have been pumping harder than Bitcoin so it's understandable that in such a correction, they will tend to have more losses vs Bitcoin
History says October often favors bulls, but right now the market is fragile. To regain momentum, BTC needs to reclaim the $113.5K–$116K zone with volume and see ETF flows stabilize. Until then, the global crypto market cap is stuck in a cautious, choppy phase.
technically were are not yet in October so who know? The market could be preparing for another upward movement after some reds towards the end of September. Anyway, lately, the price drops in crypto aren't as scary as those that happened a few years ago.