Altcoin Volumes Plunge 85% as Investors Flee to Bitcoin Amid Macro Uncertainty
Summary
Altcoin spot trading volumes across centralized exchanges have plummeted to their lowest levels since October 2025, signaling the fading of 'altcoin season' hopes. Data from CryptoQuant indicates this decline is driven by a broader market pivot toward Bitcoin amid lingering economic uncertainty and geopolitical tensions between the US and Iran. For instance, altcoin spot trading on Binance has fallen from a routine $40-$50 billion range to about $7.7 billion. Across major exchanges, combined altcoin volumes contracted significantly from $91 billion to roughly $18.8 billion. Industry experts attribute this to a classic "flight to quality," where capital consolidates into Bitcoin during periods of high market stress, as seen historically when investors move away from speculative altcoins toward the flagship asset.
(Source:BeInCrypto)