Small-cap crypto tokens just hit a humiliating four-year low, proving the "Alt Season" thesis is officially dead

Crypto and stock performance since January 2024 suggests that the new “altcoin trading” is just stock trading. The S&P 500 returned roughly 25% in 2024 and 17.5% in 2025, compounding to approximately 47% over two years. The Nasdaq-100 delivered 25.9% and 18.1% over the same period, for a cumulative gain near 49%. The CoinDesk 80 […]