According to a report by Jinse Finance, Coinbase's report predicts that with the decline of Bitcoin's dominance, a significant altcoin season will arrive in September. The report points out that Bitcoin's market share has slipped from 65% to 59%, and early signs of capital rotation toward alts have been observed. Although the current altcoin season index is only 40, far below the threshold of 75, Coinbase remains optimistic due to the expected increase in liquidity.
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Coinbase: Alts are expected to experience a strong rise in September.
According to a report by Jinse Finance, Coinbase's report predicts that with the decline of Bitcoin's dominance, a significant altcoin season will arrive in September. The report points out that Bitcoin's market share has slipped from 65% to 59%, and early signs of capital rotation toward alts have been observed. Although the current altcoin season index is only 40, far below the threshold of 75, Coinbase remains optimistic due to the expected increase in liquidity.