💸 Coinbase analysts believe that an altseason may begin in September:

🔴 The share of BTC in the market has decreased from ~65% in May to ~59% in August — a sign of capital flowing into altcoins.

🔴 The expected rate cuts by the Fed in September–October could free up some of the $7.2 trillion currently in money market funds.

🔴 Institutions remain focused on BTC and ETH, while the growth of altcoins depends on the arrival of retail investors.