The Russell 2000 index, which tracks small-cap stocks, recently hit a new all-time high.
This could be a sign that an "Altseason" — a term often used to describe a surge in alternative cryptocurrencies — might be approaching.
The theory is that when small-cap stocks start to outperform, it could signal increased risk appetite in the market, which often precedes a rise in altcoin prices.
It suggests a shift away from larger, safer investments and towards riskier, high-potential assets like altcoins.