Coinbase analysts believe that an altseason may begin in September:
Bitcoin’s market dominance has dropped from ~65% in May to ~59% in August — a sign of capital flowing into altcoins.
The expected Fed rate cuts in September–October could release part of the $7.2 trillion currently sitting in money market funds.
Institutions remain focused on BTC and ETH, while altcoin growth depends on retail investors entering the market.
