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38.8% of Altcoins Trading Near All-Time Lows as Bitcoin Holds at $90,000, CryptoQuant Data Show

CryptoQuant data show 38.8% of altcoins are trading close to their all-time lows, the highest level since September 2022 when the metric peaked at 65.7%. Analyst Darkfost noted this represents a deeper regression than the post-FTX collapse period. Bitcoin is showing relative strength at $90,000 in January 2026, acting as a stabilizing force, though its resilience has not offset persistent weakness across the altcoin market.
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