Altcoins Reach 50% of Crypto Volume, Beating Both Bitcoin and Ethereum

Bitcoin traded around $90,600 as of writing, posting a slight weekly gain of 1.05% while remaining locked in a narrow $89,000–$94,000 range. Price stability at these levels has coincided with a sharp change in trading behavior across the crypto market. 

As Bitcoin paused, traders redirected activity toward alternative cryptos, driving a notable surge in altcoin trading volume.

Altcoins Overtake Bitcoin and Ethereum in Volume

Market data as of January 10 shows that altcoins now account for roughly 50% of total cryptocurrency trading volume. Bitcoin represents about 27% of activity, while Ethereum contributes close to 23%. This marks the first time in several months that altcoins have exceeded the combined trading share of the two largest…

Source link