💰 Are we on the brink of an altcoin season? 💵
✔️ Coinbase expects a strong altcoin season with the possibility of outperforming Bitcoin by up to 75%, for several reasons including👇
✔️ A potential 25 basis point cut in U.S. interest rates in September could boost the market.
✔️ A large portion of investor funds is still on the sidelines, which could increase liquidity when they enter the market.
✔️ Bitcoin dominance has dropped to 59.39% (a decline of over 10% since June).
✔️ On August 14, Ethereum (ETH) achieved a new peak against Bitcoin at 0.039 BTC, with expectations of the trend continuing until 2025.