Altcoins Stay Weak Despite Less-Hawkish FOMC as U.S. Midterms and High Oil Prices Cloud Outlook [Kang Min-seung’s Altcoin Now]

About 270 of the top 300 cryptocurrencies by market capitalization fell over the past week, extending **altcoin weakness** across the broader market. The Fed’s FOMC was viewed as **less hawkish** than expected, but **interest rates**, **high oil prices**, and **regulatory** and **political uncertainty** are still limiting any further rebound in altcoins. The report said **altcoins** remain more volatile than **Bitcoin**, and that investors need to maintain a **cautious stance** until Bitcoin reclaims the **$82,500 level**.