Altcoin Selling Pressure Escalates as Capital Flows Shift to Bitcoin and AI Assets

The crypto market is undergoing a significant shift in capital allocation, with altcoins facing intense selling pressure. According to data from index.vn, altcoins have seen a sharp decline in spot demand, while Bitcoin and AI-related sectors are drawing more investor attention.

Excluding Ether, altcoins recorded a net sales volume of $266 billion on centralized exchange platforms, the highest level since 2020. This indicates reduced immediate interest from investors despite derivatives trading remaining active.

Bitcoin continues to play a major role in allocating available liquidity, with stablecoin reserves on platforms showing little change since December 2024. The Bitcoin price has shown large swings, with movements of more than 50% between $60,000 and $120,000.

The report also notes that exchange capital is moving toward other financial products, such as futures contracts on metals reaching nearly $500 billion in March 2026.