Altcoin Trading Volume on Binance Futures Hits $100.7 Billion as Bitcoin Surpasses Historical High

On July 22, CryptoQuant analyst Maartunn highlighted a notable surge in Altcoin trading volume on Binance futures, which reached an impressive $100.7 billion. This figure represents the highest daily volume since February 3, 2025, signaling a robust market rebound. The increase coincides with Bitcoin surpassing its previous all-time high after a five-month period of subdued trading activity. While Bitcoin’s volume remains relatively steady, Altcoins now dominate the futures market, constituting approximately 71% of total contract volume on Binance. This shift underscores a growing preference among traders for Altcoins over Bitcoin in the derivatives space. The heightened Altcoin activity is often interpreted as a sign of renewed retail investor interest, typically emerging shortly after Bitcoin achieves new price milestones. Such dynamics suggest a potential reallocation of capital within the crypto market, emphasizing the importance of monitoring Altcoin trends for strategic investment decisions.