Crypto▲ Bullish
CryptoQuant: $215B Flooded Altcoins in Three Days
CryptoQuant data shows $215B entered altcoins in 72 hours, pushing market cap above $1T. Altcoin Season Index at 49, still far from 75 threshold.
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Roughly $215 billion moved into altcoins over the three days through August 22, pushing the total market cap of non-Bitcoin crypto assets back above $1 trillion, according to crypto market analysis from CryptoQuant contributor Darkfost.
The 24% surge followed President Donald Trump's August 19 announcement that the U.S. government plans to buy Bitcoin on a large scale. Trump also called on Congress to advance the CLARITY Act, a bill designed to set clearer rules for digital assets.
CryptoQuant data showed that 56% of altcoins listed on Binance have recovered their 200-day moving average. Before the move, roughly 80-85% of those coins had been trading below that level since November 2025, Darkfost said.