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Bitcoin

Bitcoin 39% Below Peak, Meme Coins Down Up to 99%, but S&P 500 Near Record

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Bitcoin (BTC) sits 39% below its high and meme coins up to 99% below theirs. The S&P 500, however, trails its record by only 3%. Losses deepen at each step toward more speculative assets. That leaves crypto holders with a far deeper drawdown than any major US stock index. How Deep Do Meme Coin Losses Run Beyond Bitcoin? Charlie Bilello , chief market strategist at wealth manager Creative Planning, ranks 19 assets and benchmarks by distance from all-time highs. Ethereum (ETH) sits 55% below its record. The next rung, Dogecoin (DOGE), is 90% below, a 35-point gap that is the widest between neighboring entries. Fartcoin (FARTCOIN), a meme coin on the Solana blockchain, trails its high by 95%.

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