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2 clusters · 5 sources · 28 days · First seen about 2 months ago · Last updated 20 days ago

Cryptocurrency market shift toward altcoins

Overview

The cryptocurrency market has experienced a shift in trading volume and liquidity from Bitcoin toward altcoins. In late July 2026, Bitcoin’s daily spot trading volume reached its lowest level since 2024, dropping to approximately $4.5 billion. During this period, altcoins began capturing a larger share of trading activity on Binance, accounting for over 60% of total volume, while Bitcoin’s share fell to 22%.

By late August 2026, altcoin trading volume and market capitalization surged further. Altcoin volume dominance on Binance reached a two-year high of 65%, while the total altcoin market capitalization (excluding Ethereum) grew by roughly $135 billion, pushing the TOTAL2 metric above $1 trillion. Despite this redistribution of liquidity toward mid- and small-cap assets, Bitcoin dominance remained at approximately 60.25%, indicating that Bitcoin continues to control the majority of the total market.

Entities

Binance · Bitcoin · Bitcoin · CryptoQuant · TradingView

Timeline

20 days ago

[BUSINESS] 5 sources
Altcoin trading volume hits two-year high amid market surge
Altcoin trading volume has hit a two-year high on Binance, with market capitalization surging toward $1 trillion, though Bitcoin dominance remains steady at over 60%.
about 2 months ago

[BUSINESS] 2 sources
Bitcoin spot volume falls to 2024 lows while altcoins capture majority of Binance trades
Bitcoin spot volume hits $4.5 bn, its lowest since 2024, as altcoins dominate over 60% of Binance trading volume, pushing Bitcoin’s share to 22%.

Sources

ambcrypto.com · bitcoinethereumnews.com · cryptobriefing.com · istockanalyst.com · kriptoworld.hu