Crypto Market Surges to 14-Month High as Investors Pile into Altcoins
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Total crypto market capitalization recently hit a 14-month high, reflecting bullish momentum across crypto assets.
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Altcoin total market capitalization, excluding Bitcoin, has surged from $526B on Sept 8 to $622B on Nov 9, indicating growing interest in altcoins.
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Top altcoins like XRP, SOL, LINK, BNB, ADA, TRX and MATIC have seen double-digit gains over the past 30-60 days.
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Investor sentiment has improved recently based on the Crypto Fear & Greed Index turning from fear to greed in late October.
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While some claim it's altcoin season, excitement is clearly returning to the crypto market based on capital flows into altcoins.