Altcoin report: Market cap drops to $1.4T as Bitcoin breakdown triggers reaction
The post Altcoin report: Market cap drops to $1.4T as Bitcoin breakdown triggers reaction appeared on BitcoinEthereumNews.com.
Journalist Posted: November 15, 2025 Key Takeaways How badly are altcoins underperforming? CoinMarketCap’s Altcoin Season Index hit 32/100, as 72 of the top 100 cryptocurrencies now trade 50% or more below their all-time highs. What’s happening to its market capitalization? The total altcoin market cap has dropped from $1.8 trillion in late October to $1.4 trillion currently, erasing $400 billion in value. Altcoins are being impacted as Bitcoin collapses below $100,000. The BTC price drop wiped $400 billion from the total altcoin market capitalization and impacted sentiment. The damage extends far beyond Bitcoin’s 23% drop from October highs. Major tokens suffered disproportionate losses in the last seven days. Ethereum declined by over 6% to trade around $3,200, while XRP shed 1.8% and BNB dropped by more than 5%. Other tokens, such as SOL, ADA, DOGE, HYPE, and LINK, have also declined by 9% or more over the last seven days. Technical devastation The percentage of Binance altcoins trading above their 200-day moving average—a critical health indicator—collapsed to bear market levels. The chart shows a dramatic cliff dive through November as Bitcoin’s correction accelerated. Source: CryotoQuant Few projects maintain a bullish structure. Historical data shows that when this metric crashes to current levels, altcoin prices typically suffer for extended periods before recovery begins. $400 billion vanishes from market cap The altcoin market cap peaked at $1.8 trillion in late October before losing $400 billion in just a few weeks. The steady grinding decline accelerated as Bitcoin broke key support. Current levels of around $1.4 trillion represent a complete reversal of the momentum seen in October. Source: CoinGecko The intraday chart from TradingView shows continued downward pressure at $238 billion, down from $239.78 billion just 24 hours earlier, with no signs of stabilization in sight. Altcoin season canceled CoinMarketCap’s Altcoin Season Index…
Filed under: News - @ November 15, 2025 3:28 am