Data: Only 12 out of the top 100 tokens by market capitalization achieved positive returns in the past 90 days

ChainCatcher news, crypto analyst Miles Deutscher revealed that data shows only 12 out of the top 100 cryptocurrencies by market capitalization achieved positive returns in the past 90 days. Among them, BERA surged by 579.63%, TRUMP increased by 85.61%, and BGB rose by 72.68%. Other well-performing tokens include DEXE, IP, GT, OM, and others.

Meanwhile, LINK saw the largest decline of 40%, SUI dropped by 39.48%, JTO fell by 38.83%, Bitcoin (BTC) decreased by 13.47%, BNB dropped by 19.25%, and ADA fell by 30.71%.

Miles Deutscher pointed out that choosing winners in the current market environment has become difficult. Unlike the previous bull market cycle, holders are being punished, and this cycle has turned into a "rotating market."