Altcoin Surge Hits New All-Time High as Inflow Fuels Market Volatility

A significant influx of funds into the altcoin market, amounting to $9.2 billion, has pushed total market capitalization to a record high of $61.7 billion, according to data from Glassnode. This rapid increase in asset value is contributing to heightened volatility and fragility within the cryptocurrency landscape. leveraged positions are intensifying this dynamic, raising concerns about potential market instability and susceptibility to correction.