Altcoin Stress Deepens As 38% Of Tokens Trade Near Record Lows And Market Cap Tests Support

According to analyst Darkfost, roughly 38% of altcoins are currently trading near their all‑time lows, surpassing the stress levels seen after the FTX collapse and signaling widespread structural weakness. The total crypto market cap excluding the top 10 assets has dropped toward about $169 billion, with prices sitting below key weekly moving averages and pressing into a critical support region. These conditions reflect fragile liquidity, cautious investor positioning, and a lack of sustained capital rotation into higher‑beta crypto assets.