Crypto

Altcoin Volume Slumps 80% Amid ‘Tighter’ Monetary Conditions

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In brief

  • Altcoin volumes on Binance have dropped from roughly $40 billion to $7.7 billion over the past four months.
  • Experts say tighter monetary conditions and macro uncertainty keep traders anchored to Bitcoin.
  • An “alt season” like 2021 is unlikely, with capital rotating only to narrow,…

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