Altcoin market cap adds $371B as 87% turn bullish
The altcoin market has added more than $371 billion in capitalization since June 2026 as 87% of Binance-listed altcoins climbed above their 200-day moving averages, according to CryptoQuant analyst Darkfost. Darkfost reported on Sept. 27 that TOTAL2, which tracks cryptocurrency market capitalization excluding Bitcoin but including Ethereum, had risen about 45% over the period. The analyst described the breadth of the recovery as a sign of strong bullish momentum while warning that the market may be approaching a more fragile stage. Current TradingView data places TOTAL2 near $1.17 trillion. The index covers the combined market value of cryptocurrencies outside Bitcoin among the assets tracked by TradingView. ⚠️ Altcoin euphoria meets Its first warning signs On-chain data suggests altcoins may be entering a more critical phase. Altcoins have recently attracted a significant share of capital. Since June 2026, Total2, which represents altcoin market cap ($ETH included), has absorbed… pic.twitter.com/82fAcP8oCc — Darkfost (@Darkfost_Coc) September 26, 2026 Altcoin rally reverses months of technical weakness The 200-day moving-average data shows a sharp reversal from conditions seen only a few months ago. Darkfost said roughly 87% of altcoins listed on Binance now trade above their respective 200-day moving averages. Only about 13% remain below the long-term trend indicator. The figures were almost the reverse during








