Crypto
Altcoin Market Adds $371 Billion, But Analyst Warns of Fragile Stage
The altcoin market has experienced a significant surge in capitalization, adding over $371 billion since June 2026.
CryptoQuant analyst Darkfost reported that 87% of Binance-listed altcoins have climbed above their 200-day moving averages, marking a sharp reversal from the technical weakness seen just months ago.
The recovery has been led by Ethereum, which contributes more than $330 billion to the current crypto market capitalization.
Darkfost warned that the market may be approaching a more fragile stage, citing warning signs such as the speed and breadth of the move and a bearish divergence in TOTAL2's relative strength index.