Crypto Bull Markets Leave Past Winners Behind
Capital rotation toward fresh narratives means a broad market recovery does not guarantee that former leaders will revisit their highs.
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Capital rotation toward fresh narratives means a broad market recovery does not guarantee that former leaders will revisit their highs.
AI's +31.9% cap-weighted gain led a month of selective rotation, with DePIN, GameFi, and memes splitting the rest of the flow into pockets of strength and broad underperformance.