"Altcoins would be close to their "strongest rebound" since 2017".
Several altcoins are in the process of rebounds of up to two and three digits, as the expansion of the US money supply and the TOTAL3 index data (total market capitalization of altcoins excluding Bitcoin and Ethereum) point to the early phases of an "altseason".
The market capitalization of altcoins (excluding ETH) gained 126 billion dollars in the second quarter, fueling speculation of an altseason.
Crypto analyst Javon Marks pointed out a breakout that could rival the explosive bullish movement of 2017.
