Coinbase Signals Shift in Cryptocurrency Sentiment Towards Altcoins

Crypto exchange Coinbase believes the market is poised for a full-scale altcoin season, potentially starting as early as September, based on several key indicators. The firm points to Bitcoin dominance decline from 65% to 59%, increasing altcoin market capitalization, and anticipation of a September Fed rate cut that could unleash retail capital into higher-risk assets. These factors are fueling an overall bullish sentiment about the potential for altcoins to outperform Bitcoin in the coming months.