Market Breadth Flipped From 12 Advancers to 89 in a Week, and Bitcoin Missed It
Quick Take 1. 89 of the QC 100 constituents advanced against 10 decliners, with the index up 3.68%, the strongest breadth reading this site has recorded since it began tracking the series in August. 2.
All ten tracked sectors are green, led by memes at plus 6.13% and DeFi at plus 3.59%, after a stretch where every sector was red. 3. Bitcoin gained just 1.05% and remains down 2.03% on the week, meaning the recovery is happening below the largest asset rather than through it.
Crypto market breadth has reversed completely in seven sessions. The QC 100 index rose 3.68% with 89 constituents advancing, 10 declining and 1 unchanged, against a reading of 27 advancers and 71 decliners a week ago.
Total crypto market capitalization sits at $2.60 trillion on $128.77 billion of daily volume, with Bitcoin dominance at 58.34% and Ethereum at 11.31%. Bitcoin trades at $76,607.60, up 1.05% on the day, per CoinGecko. What is market breadth and why does it matter?
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