The altcoin market cap, excluding Bitcoin and Ethereum, is approaching $1.2 trillion, a level last seen in October 2025, marking a significant recovery from a low near $550 billion. This rebound suggests growing investor interest and potential for further price discovery if key resistance levels are surpassed. Bitcoin dominance remains elevated around 57-59%, influencing capital flow dynamics, while the Altcoin Season Index at 54 indicates a market in transition rather than full altseason. Investors should watch for a break above $1.2 trillion in altcoin market cap and shifts in Bitcoin dominance to gauge the next phase of market rotation.
The altcoin market cap nearing $1.2 trillion provides context for this update. For readers following altcoins, here is Pluang's market snapshot as of Sep 21, 2026 16:11 WIB: out of 50 major cryptocurrencies priced on Pluang, 44 rose and 5 fell today. Notable movers include LINK (Chainlink) at Rp229.000 with an 8.13% increase and a typical hold time of 63 days, EOS (EOS.IO) at Rp12.649 also up 8.13% with a hold time of 87 days, and XRP (Ripple) at Rp26.275 rising 7.97% with a hold time of 71 days and Pluang order activity showing 67% sell and 33% buy.
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