Altcoin Season Has Arrived: Analyst Predicts Growth Amid Institutional Investment

Bloomberg analyst James Seyffart believes the altcoin market has entered a period of growth, spurred by both retail and institutional investment. BitMine’s recent purchase of $167 million worth of Ethereum is a strong indicator of this trend. Alongside increased investment in crypto from institutions, broader trends suggest that the time for altcoins to gain traction might be here.