Altcoins are heating up — and Coinbase says we could be on the verge of a full-scale altcoin season.
In its latest monthly outlook, Coinbase Institutional’s head of research David Duong noted that current market conditions point toward a major shift from Bitcoin into altcoins, potentially igniting as we head into September.
📊 Altcoin season — as defined by Coinbase — happens when 75% of the top 50 altcoins outperform Bitcoin over the past 90 days. Right now, traders and analysts across the market are sounding the same bullish alarm.
💵 Duong also pointed to “significant retail capital sitting on the sidelines” in money market funds, ready to move once the Federal Reserve starts easing. With US inflation steady at 2.7% YoY and a 92% chance of a September rate cut priced into futures, lower rates could funnel fresh liquidity into high-risk, high-reward assets like altcoins.
⚡ In short — macro conditions, retail liquidity, and market momentum are aligning. The question now: Which altcoins will lead the charge?
