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