Ethereum’s Rally Sparks Altcoin Surge, Signaling Potential for New Season

Altcoins experienced a notable surge following the Federal Reserve’s interest rate decision and the acceleration of US-UK trade agreements. Ethereum (ETH) surged by nearly 20% within the last day, leading to a broader rally across the crypto market. Major altcoins like XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) saw increases ranging from 7% to 12%. While technical indicators show potential strength, market analysts are divided on whether a new altcoin season has begun.