Altcoin Sector Takes One of Biggest Hits Ever in $234,000,000,000 Devaluation: Glassnode

Altcoin Sector Takes One of Biggest Hits Ever in $234,000,000,000 Devaluation: Glassnode
Altcoin | February,13 2025

The altcoin sector suffered “one of its biggest devaluations on record” amid the recent crypto market downtick, according to the digital asset analytics firm Glassnode. Glassnode notes in a new analysis that altcoins experienced significant sell-side pressure in recent weeks as Bitcoin (BTC) outperformed every altcoin subsector. “We can evaluate the magnitude of the drawdown […]

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