Altcoin trading volume has returned to normal levels after surging to four times Bitcoin's volume throughout September, according to on-chain analytics firm Glassnode. The spike marked a period of intense altcoin mania that coincided with local market tops.
Glassnode noted that such speculative altcoin activity often aligns with peak conditions, occurring when Bitcoin reached near $87,000 during the same timeframe.
Glassnode: Altcoin Trading Volume Returns to Normal After September 4x Bitcoin Surge
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