Altcoin trading volume drops to 3x Bitcoin's level, median since 2022

Total crypto spot trading volume has fallen to about three times Bitcoin's level, down from nearly four times in late September. Bitcoin dominance stands at 60.49% on October 27, hovering near the top of its range. A drop below 58% could trigger rotation into Ethereum and altcoins, while a break above 61.5% would keep Bitcoin in the lead.