Altcoins Gain $4B Despite Bitcoin Sell-Off, Analyst Sees Bullish Shift

On June 2, 2026, as Bitcoin (BTC) tumbled below $70,000, the total market capitalization of altcoins actually rose by $4 billion, according to crypto analyst Sykodelic. That unusual divergence suggests that there could be a potential breaking point where smaller tokens may stop bleeding in response to BTC’s weakness, a pattern that in the past was seen right before there were broader market recoveries. Altcoins…