‼️ Slow Update: This morning the crypto team had a significant rebound as $250 billion was injected into the market capitalization
Hot news: Altcoin Season is coming!
Get ready because the research team at Coinbase Institutional just made a forecast: Altcoin Season could start this September!
Why, you ask? Because Bitcoin is "losing its crown" (market share has decreased from 65% to 59%) and capital is flowing into altcoins! Although currently, the Altcoin Season index is still "hibernating" at 40, experts believe that in just a few weeks, 75% of the top 50 altcoins will "surpass" Bitcoin.
And if you're wondering "why?", it's because:
The FED is about to cut interest rates, making US money market funds (currently at $7.2 trillion - the highest in history) less attractive.
Crypto market liquidity is recovering, thanks to the increase in stablecoins and a more transparent legal environment.
So, altcoin season is about to explode! Get ready (both mentally and financially) to ride the wave with your altcoin buddies!