Altcoin Market Update: Spot Selling Pressure Hits Multi-Year High as Demand Stays Weak 

Altcoin Market Update: Spot Selling Pressure Hits Multi-Year High as Demand Stays Weak 

The post Altcoin Market Update: Spot Selling Pressure Hits Multi-Year High as Demand Stays Weak  appeared first on Coinpedia Fintech News

The altcoin market remains under heavy pressure, with CryptoQuant data showing the strongest spot-market selling since tracking began in 2020.  Altcoins excluding Bitcoin and Ethereum have now recorded 15 consecutive months of net selling on spot exchanges, while the cumulative buy-versus-sell volume difference has dropped to its most negative level in more than five years.  …