Altcoin Surge Hits 4x Bitcoin Volume, But Will Momentum Stall?
The crypto market has seen a surge in altcoin spot volume, reaching 4x the size of Bitcoin's, according to Glassnode. This has triggered renewed interest in altcoins, with some assets printing triple-digit gains in Q3.
However, this setup can be risky for late investors chasing the uptrend, as demand for higher-risk assets often lines up with local tops in Bitcoin.
A similar setup was seen in early and mid-2025, which coincided with a local top in Bitcoin. The futures market is also echoing strong interest in altcoins, with the segment accounting for 41% of market share compared to ETH and BTC at 25% and 35%, respectively.
But not all analysts agree on the outlook. CryptoQuant's DarkFrost notes that altcoin sell-offs have surged to levels last seen in October 2025, indicating increasing selling pressure.