Altcoins lose about $200 billion as 70% fall below 200-day moving average

Altcoins have lost roughly $200 billion in market value, with about 70% of them now trading below their 200-day moving average. That technical breakdown signals broad weakness across speculative assets as macroeconomic pressure and shifting investor sentiment weigh on the market. Traders would read the wide gap below the long-term trend line as a sign of sustained risk-off conditions rather than a brief dip.