The post Glassnode Altcoin Vector #48 Drops Amid Historic Altcoin Bloodbath appeared on BitcoinEthereumNews.com.

Darius Baruo
Apr 01, 2026 13:58

Glassnode releases weekly altcoin analysis as over 40% of altcoins hit rock bottom. AI tokens show relative strength amid broader market carnage.

Glassnode’s 48th edition of The Altcoin Vector arrives at a brutal moment for the sector, with more than 40% of altcoins reportedly trading at or near all-time lows—worse than the previous major crash cycle. The weekly research report, which aims to identify high-conviction setups across altcoin markets, lands as trading volumes have dried up significantly across the board. Bitcoin continues to dominate market flows, with the Altcoin Season Index confirming that capital rotation into smaller tokens hasn’t materialized. AI Tokens Buck the Trend Not everything is bleeding out. AI-related tokens have demonstrated relative strength compared to the broader altcoin market, according to recent analysis. While specific percentage gains weren’t disclosed, the sector stands out as one of the few bright spots in an otherwise grim landscape. The divergence highlights how narrative-driven trading continues to shape altcoin performance. Projects aligned with artificial intelligence themes are capturing what limited speculative appetite remains. Why This Cycle Feels Different Several factors are compounding the pain. Bitcoin’s recent price weakness has pulled the entire market lower, but altcoins are absorbing disproportionate damage. Global uncertainty and geopolitical tensions have pushed investors toward safer assets, while the sheer number of cryptocurrencies now competing for attention has diluted liquidity across the board. There are simply too many tokens chasing too few dollars. What Traders Should Watch Glassnode’s professional-grade analysis typically focuses on on-chain metrics and technical setups that institutional traders use for positioning. In the current environment, that means identifying which projects have the fundamentals to survive the shakeout versus those that won’t see the other side. Some analysts view the current…

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Filed under: News - @ April 2, 2026 3:29 pm