Glassnode: Altcoin Trading Volume Has Returned to Normal Levels, After Reaching 4x Bitcoin's Volume in September

November 10: Glassnode posted on X that altcoin trading volume has returned to normal levels. Throughout September, total altcoin trading volume had surged to 4x that of Bitcoin, marking a period of altcoin mania. Glassnode noted that such speculative altcoin activity often coincides with local market tops, when Bitcoin peaked near $87,000.