When Will Altcoin Season Begin? Analysts Predict the Timing for a Crypto Bull Run
this Encryption market Still waiting for the highly anticipated Altcoin season, but signs it may not arrive anytime soon. The altcoin season usually begins when capital flows from Bitcoin to Bitcoin Top altcoins Like Ethereum (ETH), it triggered widespread gatherings. However, this cycle is different – Erim’s performance is weak and varied Altcoin season index It has been hindering everything from the age of 87 to 45.
Money transfer to Stablecoins, not Altcoins
Crypto analyst Ali Martinez recently pointed out a major shift: not from Bitcoin and Ethereum Entering AltCoins, capital is flowing into stable coins. This trend shows that investors are safely exercising their security due to market uncertainty, avoiding risk bets on Altcoins. Without a strong inflow, Altcoins is working to gain momentum.
since Donald Trump’s election Victory, the supply of stablecoins surged. Tether’s (USDT) supply grew by $20 billion to a total of $140 billion, while the U.S. dollar coin (USDC) rose by $17 billion to $52 billion. Tether has also become the third largest buyer of U.S. Treasury bonds, investing an astonishing $113 billion in 2024.
As Stablecoin adoption grows, we may see liquidity flowing into the cryptocurrency market. And, with Crypto Tsar David Saxwith Stablecoins as the main focus of the U.S. economy, is expected to flourish even more in the coming months with a market capitalization of $227 billion.
Ethereum’s decline
Historically, Ethereum has been a spark that ignited the altcoin season. In the past Bull Run, ETH led the charge, bringing attention and capital to the wider Altcoin market. But now, Ethereum is not doing well. Its price remains bland and traders are shifting their focus to other tier 1 projects and speculative tokens.
Picolas Cage Highlight Unless Ethereum rebounds, altcoins will not be restored. In previous bull markets, ETH promoted trends such as ICO, Defi Summer and NFT boom. Nowadays, without a similar growth driver, AltCoins will struggle.
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When will Arte return in the season?
Global events have also affected the crypto market. The recent flash crash was triggered by new tariffs Donald Trump
Donald Trump Donald Trump is a former American politician, businessman and media figure who served as the 45th president of the United States between 2017 and 2021. Trump received his bachelor’s degree in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as Republican nominee against Democratic nominee Hillary Clinton while losing universal suffrage. As president, Trump ordered a travel ban on citizens of several Muslim majority countries, shifting military funds to building walls at the U.S.-Mexico border and implementing a family separation policy. Trump remains a prominent figure in the Republican Party and is considered a candidate for the 2024 presidential election president There has been a huge sell-off in stocks, commodities and cryptocurrencies. Altcoins hit the biggest hit, with a total market value dropping from $1.4.6 trillion at the end of January to $1 trillion from February 3 to $1 trillion, consuming $460 billion in value.
According to crypto analyst Rekt Capital, Bitcoin’s market advantage needs to be more than 70% before the playoffs begin.
Currently, Bitcoin’s dominance is rising, but not yet. If history repeats itself, once Bitcoin’s dominance accounts for 71%, the real Altseason may begin. Until then, the cryptocurrency market was still in holding mode, and altcoins were waiting for their moment to shine.
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