Altcoin Futures Volume Hits $100B; Dominates Binance Activity
Altcoins now account for 71% of Binance Futures trading volume, with a daily total soaring to $100.7 billion—the highest since early February. This marks a clear shift in trader focus from Bitcoin to high-beta altcoins. Meanwhile, more than 32,000 BTC was deposited into exchanges, hinting at profit-taking and likely rotation of capital into altcoins.
Binance remains at the epicenter of this trend—handling nearly 41.5% of global altcoin spot volume, which amounts to about $24 billion
Moreover, CryptoQuant data shows altcoins and ETH futures combined just reached $223.6 billion, now forming roughly 83% of total futures volume—underscoring a strong rebound in risk appetite.#ProjectCrypto #TrumpTariffs #Altseason #BINANCEDATA #FOMCMeeting