Altcoin Volume Cools Off After September Spike to 4x Bitcoin's, Glassnode Says
Altcoin trading volume has settled back to normal after a September blowout that ran four times Bitcoin's, according to Glassnode. The speculative surge lined up with Bitcoin's local top near $87K.
- Original source: X account @Cointelegraph.
- The source published it on Nov 10, 2026 at 5:30 AM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
Altcoin volume is back to its usual levels, according to Glassnode. The on-chain data firm flagged the cooldown in an update circulated by Cointelegraph, noting the September surge has faded and trading has normalized.
That September spike was extreme: altcoin volume hit four times Bitcoin's, per Glassnode. The firm called it speculative, and it landed at the same time Bitcoin printed a local top near $87,000.
Glassnode's data pairs the two moves directly, putting the peak in altcoin activity right at Bitcoin's local high. With volume now back to baseline, the speculative burst that accompanied that top is gone.
TopicsGlassnode · Bitcoin · Cointelegraph
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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