The mass decline in the value of altcoins was a consequence of the sharp drop in Bitcoin’s price to $60,000. As a result, within a day, most leading cryptocurrencies lost an average of 10% of their value, significantly impacting the overall capitalization of the sector.
This is reported by Finway
Detailed Analysis of Altcoin Dynamics
Tokens such as DOGE, BNB, XRP, SOL, and TRX faced significant pressure in the market. This once again highlights the dependence of altcoins on Bitcoin’s movements and the overall instability of the cryptocurrency market. Among the top 10 cryptocurrencies, the largest daily losses were recorded for:
- SOL — down 12.2%;
- DOGE — down 10.1%;
- BNB — down 9.86%;
- XRP — down 9.13%;
- stETH — down 9%.
The total market capitalization of altcoins exceeds $1 trillion; however, during the day, this figure dropped to as low as $814.6 billion. The CoinMarketCap altseason index remains at 25 points with a threshold of 75, indicating a prolonged negative trend in the market.
In the sector of anonymous cryptocurrencies, which recently reached historical highs, there is also a significant decline in prices. Over the past day, the price of Zcash (ZEC) fell by 13.4%, Monero (XMR) by 15.5%, and Dash (DASH) by 10.7%.
Market Sentiment and Participant Predictions
Discussions about the potential onset of a new altseason remain relevant among members of the crypto community. Jeff Ko, the chief analyst at CoinEx Research, expressed the opinion that there will be no traditional altseason in 2026 — the main liquidity flows remain concentrated around the most resilient crypto assets, although he predicts Bitcoin will rise to $180,000.
Experts at CryptoRank point to structural reasons for the weakness of altcoins: approximately 29 million tokens in the market and a lack of liquidity prevent most assets from demonstrating sustainable growth. Additionally, competition is intensifying from instruments such as ETFs and crypto bonds.
“On the left — how the altseason began in 2017. On the right — the current dynamics. Do you see anything similar?”.
Another participant under the pseudonym BitcoinHabibi also notes that after a prolonged period of stagnation, altcoins are finally starting to show activity relative to Bitcoin, urging investors to remain vigilant.
Meanwhile, analysts at Wintermute have recorded a decrease in interest in altcoins: since October 2025, open interest in futures for these assets has decreased by 55%. In 2025, the average duration of altcoin rallies was only 20 days, whereas previously it reached 40-60 days.