What is driving cryptocurrencies?

There are 3 key news items shaking the momentum of the crypto ecosystem, and they are as follows:

- Possible resignation of Powell

- Anticipation of interest rate cuts

- Approval of the Genius Act (regulation of major cryptocurrencies)

This series of news was the spark that triggered the price explosion, it is still unknown whether it was just a premature reaction or if this has already marked the beginning of Altseason. Key signals are still needed to confirm the start of the Altcoins season, so don't even think about rushing to the bank to take out large loans to buy cryptocurrencies; wait for the relevant signals:

- Surpassing the previous BTC dominance low (Achieved)

- Surpassing the previous price peak of Ethereum (In process)

- Surpassing the last all-time high in total market cap 2 (In process)

When all 3 signals occur, it will be a fact that the Altcoins season has begun, follow the charts to be ready.