Why has the crypto market suddenly surged? Could this be a sign of the altseason kicking off?
Bitcoin has broken through $124,000, driven by expectations of Federal Reserve rate cuts, institutional inflows, and favorable U.S. regulation .
But it’s not just about BTC — Ethereum and other altcoins are also gaining momentum. Institutional interest is rising, ETH ETFs are seeing strong inflows, and Ethereum’s price is climbing toward new highs, signaling a potential shift in market focus .
Several signals suggest we may be entering an altcoin season:
A decline in Bitcoin's market dominance — indicating capital rotation.
Rising altcoin trading volumes and growing social media buzz .
Could this be the start of a full-blown altseason? It seems like we might be on the verge.