---
title: "Grayscale Finds Bitcoin Explained About Half of Crypto Sector Return Variation"
url: https://thecoingazette.com/grayscale-finds-bitcoin-explained-about-half-of-crypto-sector-return-variation/
date: 2026-11-13
modified: 2026-11-13
lang: en
author: "Coin Gazette Editorial"
description: "Six of the 10 largest non-stablecoin assets led quarterly performance at least once over two years; Bitcoin led none of those quarters."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 22
---

# Grayscale Finds Bitcoin Explained About Half of Crypto Sector Return Variation

Six of the 10 largest non-stablecoin assets led quarterly performance at least once over two years; Bitcoin led none of those quarters.