Earlier today, the Bitcoin (BTC) price rallied all the way to $68,800 just inches away from hitting its all-time high levels. The strong inflows into the newly launched Bitcoin ETFs have triggered an unprecedented rally in Bitcoin and the broader crypto market. However, some top market analysts believe that investors could start rotating funds from Bitcoin to altcoins thereby kicking-in the new altseason in the market.
New AltSeason to Begin Soon?
Over the last month itself, the altcoin market cap has surged by a staggering 50%, from $800 billion to now at $1.2 trillion. The major contributors here have been the meme coins that have given multi-fold returns just over the last week. On the other hand, top altcoins like Ethereum (ETH), Cardano (ADA), Polygon (MATIC), etc. have yet to participate in the mega rally.
So when is the altseason starting actually? CrediBuLL Crypto, a popular analyst in the cryptocurrency sphere, delves into the much-discussed topic of altseason, offering insigh
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