"Is a crypto crash coming?" For most altcoins, it already came

While BTC held the low-$60Ks, the damage underneath was brutal. Altcoins outside ETH shed 22.84% of their value in H1 2026, and 84% of all altcoins now trade below their 200-day moving average – one of the longest underperformance stretches since the 2022 bear.

The individual hits tell it: Solana down ~73% from its high, ADA down nearly 40% in June alone, back to prices last seen in 2020. For those holders, this isn't a warning of a crash. It's the aftermath of one.

What's really happening is liquidity retreating inward. In healthy markets, risk spreads outward across the long tail. In scared ones, capital concentrates into BTC, stablecoins, and a few survival narratives, leaving everything else to bleed. That's textbook late-cycle behavior.

So the real question isn't whether alts crash. It's whether BTC joins the deeper breakdown, or stabilizes before the damage spreads further.

Where do you think the tail end of the market goes from here?