Altcoin Season Fades as $134B Exits as Mid-Small Caps Lead Gains

More than $134 billion exited altcoins in 15 days, with 48.4% of Binance-listed tokens trading below their 200-day moving average. Mid- and small-cap assets recorded stronger monthly growth ratios at 41%, compared with Bitcoin’s 7% and large caps’ 3.5%. Michael van de Poppe highlighted rising trader fear as weakening market breadth and profit-taking undermine altcoin momentum. Altcoin momentum has weakened sharply after a brief rally from late August through early October, with more than $134 billion leaving the sector over 15 days. Analyst Darkfost reported that the share of Binance-listed altcoins trading above their 200-day moving average has fallen significantly.

Source: Crypto Front News