3 Reasons Why Altcoins Are Likely to Outperform Starting in September: Coinbase Research
9 Articles
9 Articles
3 Reasons Why Altcoins Are Likely to Outperform Starting in September: Coinbase Research
Altcoin season may be weeks away, according to Coinbase Institutional’s latest monthly outlook, which forecasts a shift in market leadership from bitcoin to alternative cryptocurrencies beginning in September.Altcoin season refers to a market phase when cryptocurrencies other than bitcoin — often led by Ethereum's ETH, Solana's SOL, and other large-cap tokens — post significantly higher percentage gains than BTC over a sustained period.The Aug. …
Coinbase Says Altcoin Season Nears as Market Cap Jumps 50% - The Market Periodical
Key Insights: Institutional ETH demand is driving altcoin season market cap above $1.4 trillion. Fed rate cut speculation could trigger stronger retail inflows. Large-cap altcoins leading gains before mid and small-cap rotations. Coinbase warned that a full altcoin season could be nearing, citing surging institutional interest in Ethereum (ETH) and improving liquidity conditions. The exchange said altcoin market capitalization has risen over 50…
Coinbase Institutional reported that altcoin season may be upon us, and that the broader market could outperform Bitcoin. Expectations of a 25 basis point Fed rate cut in September are priced in at a 75% probability on Polymarket. Read More: Good News for Altcoin Holders: Coinbase: "Full...
Coinbase research head predicts surge in altcoins
Coinbase’s head of research, David Duong, argued that current crypto conditions suggest there could soon be a shift towards digital assets outside of Bitcoin. His remarks came amid the recent growth in altcoins this year. Duong mentioned in Coinbase’s monthly report on Thursday that September might see a push towards a full-scale altcoin season. According to Coinbase, an altcoin season is clear when three quarters of the top 50 altcoins surpass …
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