Glassnode: The trading volume of altcoins has returned to normal levels, reaching four times that of Bitcoin in September

On-chain data analysis platform Glassnode stated on platform X that the trading volume of altcoins has returned to normal levels. Throughout September, the total trading volume of altcoins had risen to four times that of Bitcoin, marking a period of active altcoin trading.

Glassnode pointed out that this speculative altcoin activity often coincides with local market tops, when Bitcoin peaked around 87,000 USD.