38% of altcoins near all-time lows, worse than FTX crash: Analyst

CoinTelegraph

by Vince Quill

March 5, 2026

The crypto altcoin market is in turmoil as investor sentiment plummets and digital asset prices fail to recover from the October 2025 crash. An estimated 38% of altcoins are now hovering near all-time lows, which is worse than the post-FTX market crash, according to CryptoQuant analyst Darkfost. The current market is “unfavorable” for risk-on assets, and the crypto markets are the first to absorb this risk-off posturing, he said, adding: Examples of altcoins, cryptocurrency that typically serves as an alternative to Bitcoin (BTC), include Cardano’s ADA (ADA), which is hovering at about $0.10 above its all-time low of $0.17. Polkadot (DOT) reached an all-time low of $1.13 in February, but is now up 33% from there, and Polygon (POL) is trading at about $0.02 off its all-time low of $0.08. Read more

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Originally published on CoinTelegraph on 3/5/2026