🚨 Market volatility in the altcoin space is calming down again. In September, altcoin trading volume reached nearly four times that of Bitcoin. This surge coincided with BTC’s local peak near $87,000. Now, the ratio on the chart appears to have retreated back toward its historical median of around 3x—indicating that trading interest in altcoins is normalizing after the extreme activity seen in September. This alone isn’t a clear signal of a new uptrend or downtrend—but it may be an important indicator that market risk appetite has cooled. 👀 Do you think the current calm in altcoins is temporary, or is the market refocusing on Bitcoin?
✨ZEY✨Share

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
