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Ethereum lags Bitcoin in 2026 with nearly 20% drop, altcoin season not yet in sight

Market News
26 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

In 2026, Ethereum has underperformed Bitcoin, with the ETH/BTC pair down nearly 20% year-to-date, indicating investor preference remains with Bitcoin. Both Bitcoin and Ethereum ETFs have seen significant outflows, reflecting a general slowdown in risk appetite rather than a shift toward altcoins. Bitcoin dominance remains strong at around 60.6%, suppressing altcoin rallies and signaling that the market is still led by Bitcoin. Short-term altcoin gains may occur, but the broader trend favors Bitcoin for now.

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