Will Altcoins Soar in September? Coinbase and Pantera Predict Potential Surge

The crypto market experienced a significant downturn recently, losing nearly $107 billion. Bitcoin dipped below $113,461, putting it close to key support at $112,526. This drop was triggered by SEC scrutiny of Alt5 Sigma’s deal with Trump’s World Liberty Financial, adding further uncertainty to the market. However, analysts believe this turbulence could pave the way for a potential altcoin season in September. Capital rotation often accelerates when Bitcoin stalls near key levels.