79% of Altcoins Still “On the Floor” - What Does This Reflect for Investors?

Last week, the crypto market rebounded slightly as selling pressure eased and investors began to expect the possibility of the US Federal Reserve (FED) cutting interest rates in December. Most coins increased by more than 5%, but Bitcoin and many major coins are still negative compared to the beginning of the year.

It is worth noting that the cash flow of this cycle is extremely concentrated, not widely spread:

👉 79 out of the top 100 altcoins are still more than half of their old peak, showing that capital has not really flowed into riskier assets.

Major coins still lead thanks to abundant liquidity, while a few groups such as decentralized exchanges, decentralized finance and privacy-focused projects hold their prices better thanks to clear foundations and token buyback programs.
> The source of this divergence lies in liquidity.

Since the beginning of the year, cash flows from stablecoins, ETFs, and new digital asset issuances have mainly flowed into Bitcoin and major coins. However, this pace has slowed down, and capital flows to smaller coins have almost not happened.

📌 If we want the market to recover broadly, liquidity must return and start spreading to altcoins.

Three important factors to monitor are: stablecoin growth, cash flows into ETFs, and new digital asset issuances.

On the macroeconomic side, the context is gradually becoming more favorable:

- The market currently forecasts about 85% probability of the FED cutting interest rates by 0.25% in December, but investor sentiment at the moment still prioritizes stocks over cryptocurrencies.

Another hot topic is who will become the next FED Chairman.

> According to the prediction markets, Kevin Hassett is the frontrunner, in line with Mr. Trump’s low interest rate stance. How the market reacts in the coming period will depend on how “moderate” the nominee is and whether inflation continues to persist.

All will be answered this week, so let’s wait and see. Don’t forget to follow Coin Minutes to get updates on the latest activities.

As Thanksgiving 2025 approaches, crypto is once again facing the “familiar test” at the family dinner table.

10 years of ups and downs, crashes, recoveries, and constant narrative changes — but the question is the same every year, only the tone changes with the price of Bitcoin.

Thanksgiving flashbacks:

2017: BTC surpasses $8k — family thinks “crypto is shady.”

2018: Crashes 78% — they say “I told you so from the beginning.”

2019: Up 72% but far from peak — still seen as “going into nonsense.”

2020: Price returns near peak — first time seen as “patient.”

2021: Triples profit — becomes “genius.”

2022: FTX explodes — becomes “crypto-related criminal.”

2023: BTC rebounds strongly — regains the title of “diamond hand.”

2024: Favorable policy winds, price approaching $100k — becoming “visionaries”.

By 2025, market sentiment is divided:
• One side thinks the downtrend is still there.
• The other side expects a recovery thanks to big money + macro + halving.

Either way, this year’s Thanksgiving is like every year: prepare to face the interrogation round.