Event Dime

83% of Altcoins Fall Below 200-DMA as Altcoin Market Loses $520 Billion

Community & CultureLocal Markets & Craft FairsCommunity & Culture / Local Markets & Craft Fairs
AI signals
CasualGeneral PublicPop-upTicketed/PaidPublic
When:
June 6, 2026 · 8:50 AM
Where:
Bitcoin (BTC) Price: Critical Support Level at $71K Could Trigger Rally to $76,600
Source:
Bitcoin (BTC) Price: Critical Support Level at $71K Could Trigger Rally to $76,600

TLDR: 83% of altcoins on Binance are trading below their 200-DMA, one of the lowest readings this cycle. TOTAL3 has dropped to roughly $670B, shedding around $520B from its peak during the current cycle. Altcoin weakness has persisted since October 2025, with 60–90% of assets below their 200-DMA consistently. Bitcoin fell nearly 4% while Nasdaq [...] The post 83% of Altcoins Fall Below 200-DMA as Altcoin Market Loses $520 Billion appeared first on Blockonomi.

CasualGeneral PublicPop-upTicketed/PaidPublic

Why this event appears here

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  • City coverage

    600

  • Primary source

    Bitcoin (BTC) Price: Critical Support Level at $71K Could Trigger Rally to $76,600

  • Categories

    Community & Culture, Local Markets & Craft Fairs, Community & Culture / Local Markets & Craft Fairs

  • Signals

    Casual, General Public, Pop-up, Ticketed/Paid