70% of altcoins rise above 200-day average

The altcoin market is showing a notable recovery. According to an analysis by CryptoQuant analyst Darkfost, 70% of altcoins on Binance are now back above their 200-day moving average, a level used by investors to confirm a trend. That marks a strong turnaround after a period of almost a year in which most altcoins traded 65% to 85% below this average. Bitcoin itself is currently moving sideways and stands around $81.296.

In brief:

• 70% of altcoins on Binance are back above the 200-day moving average
• The altcoin market capitalisation excluding Ethereum is climbing back above $800 billion, a level not reached for more than eight months
• Bitcoin is moving sideways between $75.600 and $82.000, which sends trading volume towards altcoins

Altcoin market capitalisation breaks through the $800 billion threshold

The total market capitalisation of altcoins excluding Ethereum, also known as Total3, has risen back above $800 billion for the first time in more than eight months. This also leaves May’s peak behind, supported by a solid daily closing price.

Momentum in the altcoin market has been building for several weeks. The current performance is at a level last seen in October 2025, when the market reached its peak.

Bitcoin moves sideways as trading volume shifts

Bitcoin is currently trading around $81.300 and has been moving within a range between $75.600 and $82.000 for some time. According to the analyst, this sideways pattern causes trading volume to shift towards altcoins. On Binance, Bitcoin dominance has fallen to 53%.

After a prolonged downtrend, in which altcoins as a whole remained far below their 200-day average, the current situation is therefore a clear turning point. Yet Darkfost warns against overconfidence: this kind of dynamic can quickly reverse, and caution remains warranted.