Glassnode: Altcoin spot trading volume reaches 4 times that of Bitcoin, Bitcoin may hit a local top

BlockBeats news, September 29: Glassnode stated that spot traders are shifting toward the altcoin market. Data shows that altcoin spot trading volume is currently about 4 times that of Bitcoin spot trading volume, reaching its highest level since September 2025.

Glassnode said that market demand for higher-risk assets is strengthening, and historically this phenomenon has often been associated with the formation of Bitcoin's phased tops.