The "altcoin season" could begin in September as Bitcoin loses dominance, according to Coinbase Institutional
Coinbase expects that the decline in Bitcoin's dominance, improved liquidity, and renewed investor appetite will shift gains towards altcoins starting in September.
The altcoin season could be weeks away, according to the latest monthly report from Coinbase Institutional, which forecasts a shift in market leadership from Bitcoin to alternative cryptocurrencies starting in September.
The altcoin season refers to a phase of the market when cryptocurrencies other than Bitcoin —often led by ETH, the Ethereum token, SOL, the Solana token, and other large-cap tokens— record significantly higher percentage gains than BTC over a sustained period.