The mass decline in altcoin prices, triggered by Bitcoin’s drop to $60,000, has significantly impacted the market capitalization of the sector. Over the past day, the top ten crypto assets have experienced an average decline of approximately 10%, as noted by analysts.
This is reported by Business • Media
Altcoin Dynamics: Key Losses and Market Indicators
Tokens such as DOGE, BNB, XRP, SOL, TRX, and others have come under pressure due to the decline, illustrating the vulnerability of the altcoin market to Bitcoin’s fluctuations. Over the last day, the largest losses among top altcoins were recorded in SOL — 12.2%, DOGE — 10.1%, BNB — 9.86%, XRP — 9.13%, and stETH — 9%.
The total market capitalization of the altcoin sector currently slightly exceeds $1 trillion, although during the day this figure dropped to $814.6 billion. The altseason index from CoinMarketCap remains at 25 points, while the threshold for the start of altseason is 75, indicating a continuation of the negative trend. This indicator has not changed its value for nearly a month.
The segment of anonymous cryptocurrencies, which previously demonstrated significant growth, has also been subjected to sell-offs. The price of Zcash (ZEC) has decreased by 13.4%, Monero (XMR) by 15.5%, and Dash (DASH) by 10.7%.
Expert Assessments and Market Reaction
Market participants have differing opinions regarding the prospects of altseason. Jeff Ko, the chief analyst at CoinEx Research, stated that he does not expect a traditional altseason in 2026, predicting a concentration of liquidity around the largest and most resilient cryptocurrencies. He also forecasts Bitcoin’s growth to $180,000.
Analysts at CryptoRank explain the weakness of altcoins with structural factors: the presence of about 29 million tokens in the market and a liquidity shortage hinder sustainable growth. Additional pressure is created by competition from ETFs and crypto bonds.
An active discussion regarding the current phase of the market continues on social media. User X Jevon Marks compares the current dynamics to the events of 2017, asking:
“On the left — how altseason began in 2017. On the right — the current dynamics. Do you see any similarities?”
Meanwhile, under the pseudonym BitcoinHabibi, another member of the crypto community emphasizes the breakthrough of altcoins relative to Bitcoin after years of decline.
Analysts from the market maker Wintermute noted that interest in altcoin futures continues to decline: since October 2025, open interest has fallen by 55%. The average duration of altcoin growth periods in 2025 was only 20 days, significantly less than in previous years, when this figure reached 40-60 days.