Surpassing FTX-Era Lows: 38% Of Altcoins Hit Record Lows As Liquidity Abandons The Crypto Fringe

38% of altcoins are now trading near all-time lows, surpassing stress levels seen after the FTX collapse. This represents a systemic decline as liquidity abandons alternative cryptocurrencies in favor of equities and commodities, with the altcoin market cap pressuring key weekly support levels around $169 billion.

• →38% of altcoins are trading near all-time lows, exceeding the 37.8% peak reached after FTX's collapse.
• →The altcoin market cap excluding top 10 assets is hovering near $169 billion, pressuring critical support levels.
• →Capital flows are rotating away from crypto into equities and commodities due to hostile macro conditions.
• →Technical indicators show altcoins trading below 50-week and 100-week moving averages with momentum deteriorating.
• →A break below $160-170 billion support could push altcoin market cap toward $130-140 billion range.