The post Altcoin Market Update: Spot Selling Pressure Hits Multi-Year High as Demand Stays Weak appeared first on Coinpedia Fintech News
The altcoin market remains under heavy pressure, with CryptoQuant data showing the strongest spot-market selling since tracking began in 2020. Altcoins excluding Bitcoin and Ethereum have now recorded 15 consecutive months of net selling on spot exchanges, while the cumulative buy-versus-sell volume difference has dropped to its most negative level in more than five years. …