Research firm 10x Research indicates a significant capital flow shifting from the broader alternative cryptocurrency market towards Bitcoin
Their examination suggests that approximately $800 billion, primarily originating from retail investors, has been divested from the altcoin sector and reinvested elsewhere.
In a report published on October 24, available here, 10x Research asserts that the enthusiasm for, trading of, and investor faith in altcoins has considerably declined. The information they gathered reveals that this transition has been consistent, with Bitcoin increasingly becoming the preferred destination.
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South Korean individual traders, once notable proponents of alternative cryptocurrencies, are now increasingly investing in crypto-related equities listed on US stock exchanges.
10x Research calculates the total shift to be around $800 billion, an amount that could have potentially benefited retail investors in altcoins. Consequently, a substantial number of these investors are now in search of more dependable and swifter routes to profitability.
While the concept of an “altcoin season” remains, the indicators monitored by 10x Research suggest otherwise. Their technical analysis points toward a continuing decline in investor interest in altcoins, with funds returning to Bitcoin.
Notably, this model also correctly identified a market downturn in October 2025, preceding a loss of approximately $19 billion in value.
Separately, Galaxy Digital’s CEO, Mike Novogratz, has commented on the stability of Bitcoin’s price, possibly attributing it to corporate entities diverting interest from altcoins. Interested in the details? Find the complete story here.