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Internet Computer (ICP) lags altcoin rally, down 99.7% from peak, risking further decline below $2 support.

Market News
26 Aug 2026
AMBCrypto
View Source
Bearish
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Internet Computer (ICP) has underperformed during the recent altcoin market rally, gaining only 7.56% while the ICP/BTC ratio dropped 11.4%, indicating weak relative strength. A recent report ranks ICP as the biggest loser among 60 major cryptocurrencies, with a 99.69% drop from its all-time high of $700 to just above $2. This prolonged decline since May 2021 and its current $2-$3 consolidation range suggest bearish momentum, putting the critical $2 support level at risk of breaking and exposing ICP to further downside.

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