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Altcoin spot volume hits nearly 4x Bitcoin's, marking highest dominance since Sept 2025

Technical Signals
29 Sep 2026
Crypto Briefing
View Source
Neutral
Altcoin spot volume hits nearly 4x Bitcoin's, marking highest dominance since Sept 2025

Altcoin spot trading volume has surged to nearly four times that of Bitcoin, reaching the highest ratio since September 2025, according to Glassnode. The Altcoin Season Index rose to 62% in late September, with 72.5% of altcoins outperforming Bitcoin in the week ending September 22. Despite this surge, altcoin futures open interest showed little growth, differing from previous market tops that saw leveraged position build-ups. Increased altcoin deposits to exchanges suggest potential selling ahead, indicating cautious market sentiment despite strong altcoin activity.

Bitcoin's market cap stands at Rp30.354,75 trillion with a 24-hour trading volume of Rp670,3 trillion as of Sep 29, 2026, 15:41 WIB. Despite the surge in altcoin spot volume relative to Bitcoin, Bitcoin itself saw a 1-day price increase of 1.23% on Pluang. Binance Coin (BNB) also showed modest activity with a market cap of Rp1.831,88 trillion and a 24-hour volume of Rp30,08 trillion, reflecting steady investor interest amid the altcoin market dynamics.

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