Bitcoin extends lead as TOTAL2 nears $900B support and 36% of altcoins sit close to all-time lows
Bitcoin's recovery above $71,000 has coincided with TOTAL2 holding just above its 200-week moving average near $900 billion, even as the gauge remains well below its October 2025 peak. Around 36.8% of altcoins are trading close to all-time lows and the average coin sits 44.4% under its 200-day moving average, while only 4.59% of Binance-listed tokens remain above that level. Analysts note that ETH/BTC is still stuck in a weekly downtrend channel, and suggest that a break above 0.036 or 0.043 could be an early sign of a broader altcoin rotation.