40% of Altcoins Near Historical Lows as Market Remains Extremely Depressed
By: rootdata|2026/07/08 07:07:00
0
Share
Prefer us on Google
Approximately 40% of altcoins are trading close to historical lows (25% below their all-time highs), indicating that the altcoin market has reached an extremely depressed level. This ratio peaked at 45% when Bitcoin fell below $60,000 at the end of June. The market has undergone fundamental changes, with CoinMarketCap reporting that around 53 million cryptocurrencies have been created, with 60,000 new ones added daily. Without a strong injection of liquidity, the vast majority of tokens are unlikely to survive, and investors need to exercise extreme caution and rigorously vet projects.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Scale AI Launches RSI Bench to Test AI's Self-Improvement Capabilities
Cypherpunk Technologies launches Zcash mining fleet with 33.33 million Winklevoss deal
Base Restructures Strategy for Corporate Payments and Builder Support
Coinbase ($COIN) has restructured its strategy for the Layer 2 network Base, focusing on builder support and corporate payment infrastructure. The initial trend of expanding on-chain app experiments...
DGFiP: New Security Breach on Inheritances
Chainalysis Sues U.S. Government, Questions ICE's $94.6 Million Contract Award to TRM Labs
Investors Expect Rise, Cash Level Drops to 3.5%
The August survey by Bank of America, one of the world's most important banks, measured investors' expectations for the upcoming period.
Adam Back Disputes Satoshi Nakamoto's Authority on Bitcoin Scaling
Diesel Refining Margin Reaches $102.20, Bitcoin Becomes a Variable
The diesel refining margin in the U.S. has expanded to $102.20 per barrel (approximately 147,500 KRW, based on USD/KRW 1,443.23), reaching an all-time high. If refined oil prices rise faster than crude oil...
Importers Received UAH 36.5 Billion in Benefits in July 2026
Emerging Market Indices Fall 0.7%, Dollar Strengthens
Bitcoin Miners Expand into AI Data Center Business with $16.8 Billion Contract
Bitcoin (BTC) mining companies are broadening their scope into AI data center infrastructure, leveraging power grid connections and large land areas. CoinShares revealed on the 18th that 'Bitcoin mining companies are expanding into AI data center infrastructure.'
Peter Schiff Warns of Bitcoin's $65,000 Resistance Level
Bitcoin Funding Rate Hits 20-Month High
🚨 Bitcoin's funding rate has reached its highest level in nearly 20 months.
📈 Investors are increasingly leaning towards leveraged long positions in $BTC.
🧭 While the price remains around $64,000, the resistance at $66,300 is being monitored.
⚠️ If supports break down, the risk of liquidation for...
Ethereum Launches Testnet Platåberget for Glamsterdam
Government Expands RIGI for Railway Infrastructure Investments
Through Decree 748/2026, the Executive modified the regulations of the Regime of Incentives for Large Investments and specified which railway works can be considered within the infrastructure sector. It also established how an increase in transport capacity will be determined.
Ukraine to Increase Timber Harvesting to 15.5 Million Cubic Meters by 2027
Blockchain.com Joins Nigeria's SEC Regulatory Incubation Program
Einride Plans to Purchase 500 Tesla Semis to Expand Fleet
New Tax on Electronics Introduced in Russia, Expected to Generate 136 Billion Rubles for the Budget
Ukrnafta Implements Intelligent Management for 580 Wells
Brockman Emphasizes the Need for AI Agents in Corporate Security Teams
Greg Brockman, co-founder and president of OpenAI, has stated that AI agents should be deployed in corporate security teams. The automation capabilities of AI models in hacking can lead to actual system access.
Turkish Investors to Start Graphite Mining in Ukraine's Khmelnytskyi Region
Ukraine Appoints First NEMO Operator for Energy Market Integration with the EU
Cheese Imports from the EU to Ukraine Increased by 27%
Japan and China Reduce U.S. Treasury Holdings by $52.3 Billion
Japan and China have reduced their U.S. Treasury holdings by $52.3 billion (approximately 74 trillion won) in June. The decrease from these two countries accounts for 72.5% of the total decline in foreign holdings, affecting U.S. long-term interest rates and dollar liquidity.
Hong Kong SFC Welcomes Mainland Insurance Institutions to Invest in Hong Kong ETFs
CIO of H&M Purchases 8,000 Shares for 1.4 Million Kronor
Tether CEO announces company no longer considers itself a crypto firm after KPMG audit
Baidu Q2 Earnings Report: Total Revenue of 31.3 Billion Yuan, AI Business Revenue Exceeds Half
BitMart Founder Sheldon Xia: Account Hacked and Accusations Are Pure Rumors! But Faced Continuous Doubts from On-Chain Detectives and Big Holders
Scale AI Launches RSI Bench to Test AI's Self-Improvement Capabilities
Cypherpunk Technologies launches Zcash mining fleet with 33.33 million Winklevoss deal
Base Restructures Strategy for Corporate Payments and Builder Support
Coinbase ($COIN) has restructured its strategy for the Layer 2 network Base, focusing on builder support and corporate payment infrastructure. The initial trend of expanding on-chain app experiments...
DGFiP: New Security Breach on Inheritances
Chainalysis Sues U.S. Government, Questions ICE's $94.6 Million Contract Award to TRM Labs
Investors Expect Rise, Cash Level Drops to 3.5%
The August survey by Bank of America, one of the world's most important banks, measured investors' expectations for the upcoming period.
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
