Analysts: Altcoin trading volume continues to decline, investor interest has significantly weakened.

CoinFeed reported on March 21 that CryptoQuant analyst Darkfost posted on social media that altcoin trading volume in the current crypto market is showing a continued downward trend, and investor interest in altcoins has also significantly weakened. Under the dual impact of the overall bear market environment and global geopolitical uncertainty, altcoins continue to underperform Bitcoin, the overall market risk appetite has contracted significantly, and funds are further concentrating on core mainstream assets such as Bitcoin, which has led to persistently low trading activity in altcoins. Specifically, the current daily trading volume of altcoins on Binance is approximately $7.7 billion, while the combined daily trading volume of altcoins on other major crypto exchanges is approximately $18.8 billion. This figure is significantly lower than the peak trading volume in October and February 2025.