💱 Growth of liquidity, improved regulation, and a surge in on-chain activity create favorable conditions for the onset of altseason
This is stated in Sygnum's report for the third quarter.
⏳ In the first half of the year, geopolitical tensions and uncertainty in U.S. financial policy led to a massive sell-off of altcoins.
But now, as their regulatory status becomes clearer, capital may shift to projects with real utility and sustainable tokenomics.
🇻🇦 Experts note a 6% decrease in BTC dominance over the last month, which may indicate a growing interest in altcoins.
At the same time, the bullish trend for BTC remains: the imbalance of supply and demand continues to push it to new highs, and the influx of capital into Bitcoin ETFs has exceeded $160 billion.