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The recent Bitcoin (BTC) price drop below $113k has weighed down on the wider altcoin market. Palpable fear of a broader crypto correction lingers, stirred by mixed inflationary data and anticipation of Fed Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.

The altcoin market is soaring back into the spotlight as Binance Altcoin Volume Share has just hit an all-time high of 82.3%, according to on-chain analyst maartunn.

Bitcoin is currently trying to bounce back above $110k while still holding a commanding 59% of the crypto market. This dominance has left many altcoins struggling for attention, but market analyst Michael van de Poppe sees this as just the beginning.

The crypto market is showing strong signs of recovery, with the global market cap climbing above $3.8 trillion, up over 3% in the last 24 hours.

One of the hosts of the Cheeky Crypto YouTube channel has that 2024 would be the year for alternative cryptocurrencies, pointing out Altcoin sectors that could net investors a 100-fold return on investment.

One of the hosts of the Cheeky Crypto YouTube channel has that 2024 would be the year for alternative cryptocurrencies, pointing out Altcoin sectors that could net investors a 100-fold return on investment.

The crypto market is surging today, and if you’re watching the altcoin space, you’re seeing a wave of impressive double-digit gains backed by some serious trading volume. So let’s break down what’s happening with some of the biggest movers: Ethereum, Solana, Chainlink, SUI, and Litecoin, and see which of these rallies have real strength behind them.

Cryptocurrency analysts are drawing comparisons between the current altcoin season and previous bull market cycles. For many, the altcoin market consolidates in a way that often precedes a significant rally, and it’s building a high level of optimism across the market.

The total crypto market cap closed back above $4 trillion on October 1st, a 4% single-day gain that reignited talk of an altcoin rally in 2025. The move came as Bitcoin hit $119,400, pulling Ethereum, Solana, Dogecoin, and other majors higher. Traders framed the milestone as a signal that risk appetite is returning after weeks of caution.

The total crypto market cap closed back above $4 trillion on October 1st, a 4% single-day gain that reignited talk of an altcoin rally in 2025. The move came as Bitcoin hit $119,400, pulling Ethereum, Solana, Dogecoin, and other majors higher. Traders framed the milestone as a signal that risk appetite is returning after weeks of caution.

Renowned cryptocurrency analyst Michael van de Poppe has identified the key factors that traders should consider when managing altcoin portfolios. Van de Poppe made the latest analysis in a following the recent crypto market flash crash, which triggered massive volatility across all major cryptocurrencies, with Bitcoin declining over 10% within 24 hours.

Bitcoin has once again rewritten the record books, climbing to roughly $124,500 on Thursday night. The move put the world’s largest cryptocurrency nearly $1,000 above its previous peak, climbing nearly 5% from the previous day of its ATH.

Altcoin supply dynamics have taken center stage in recent months, as key Token Generation Events (TGEs) play an outsized role in shaping monthly emissions. According to Tokenomist data, from February through June, emissions across the altcoin market averaged between $3 to $5 billion monthly, roughly 1% of the total altcoin market capitalization.

$3.9 billion in token unlocks this October

The global altcoin market appears to be approaching a decisive breakout phase as several macroeconomic and policy factors align to support renewed risk appetite. Dan Gambardello, an analyst, suggests that the potential end of the Federal Reserve’s quantitative tightening (QT) cycle, record liquidity levels, and rising institutional adoption could form the perfect mix for a new rally.

The crypto market is showing strong signs of recovery, with the global market cap climbing above $3.8 trillion, up over 3% in the last 24 hours.

One of the hosts of the Cheeky Crypto YouTube channel has that 2024 would be the year for alternative cryptocurrencies, pointing out Altcoin sectors that could net investors a 100-fold return on investment.

One of the hosts of the Cheeky Crypto YouTube channel has that 2024 would be the year for alternative cryptocurrencies, pointing out Altcoin sectors that could net investors a 100-fold return on investment.

Ethereum’s latest surge past important resistance levels has put the crypto market in a positive mood. But investors are asking one big question: is it altseason yet? At the moment, that the answer is no.

The crypto market has taken a breather after a sharp but short-lived rally. Bitcoin and Ethereum both gave back some gains, while Federal Reserve Chairman Jerome Powell hinted at possible interest rate cuts in September.