Altcoins have seen a significant decline in volume and interest due to tighter monetary conditions, particularly in Binance, where volume dropped 80% to 85% to $7.7 billion. Altcoins volume on other exchanges has dropped from between $63 and $91 billion to $18.8 billion. Google search volume for altcoins has also dropped significantly since August 2025, when Bitcoin reached multiple all-time highs. Experts believe that an alt season like 2020 or 2021 is unlikely, with capital rotation expected to be shorter and more targeted to a small subset of narrative-driven altcoins. The future of the altcoin market depends on Bitcoin, which has settled around $70,400 and is up 1.6% over the past 24 hours.