Altcoin selling tops $266B as capital rotates out of crypto: Is altseason extinct?
CoinTelegraph·
60-second summary
Altcoin spot demand has plummeted to its weakest level in six years, with selling topping $266 billion, as capital rotates out of crypto. This trend indicates a decline in investor interest in alternative cryptocurrencies. Meanwhile, stablecoin market cap, stocks, and the AI industry continue to attract investors' attention, potentially signaling the end of altseason.
Altcoin spot demand fell to its weakest level in six years while the stablecoin market cap, stocks and AI industry continued to capture investors’ attention.