New data shows stable altcoin speculation despite Bitcoin’s price drop, hinting at early signs of risk re-entry and a more mature altcoin cycle ahead.
Despite Bitcoin’s (BTC) 10% decline in October, Capriole Investments’ Altcoin Speculation Index has remained flat around 25%, suggesting that speculative activity in the altcoin market is holding steady rather than collapsing alongside BTC. This relative stability could indicate an early phase of re-entry among market participants, as investors selectively rotate into higher-risk crypto assets despite macroeconomic caution.
Key takeaways:
Altcoin speculation remains stable despite Bitcoin’s October slump to $100,000.
