Altseason

CEO and co-founder of Real Vision Group and Global Macro Investor Raoul Pal said macro and crypto summer has already started in a post on X on March 25. The prediction is part of his ‘Everything Code’ thesis that explains market movements due to macroeconomic influences. It is all driven by liquidity, which bottomed at the end of 2022, he said before adding that “macro summer and fall are all about liquidity rising,” and liquidity should rise “all the way…

Cryptocurrency came into existence in 2009. Since its invention, the market has grown significantly; today, there are over 20000 cryptocurrencies. It has become a competitive market with key industry players and competitors. Further, the industry has developed different terms and phenomena, such as 'Altseason' and 'Altcoins,' which cryptocurrency experts and traders explain. Bitcoin was the first and most significant cryptocurrency. However, several other cryptocurrencies have come up, including Monero, Ethereum, XRP, and Dash, which are all alternative coins. These alternatives to…

Within the previous week, the dominance of Bitcoin over the cryptocurrency market has been steady despite its decline since the beginning of 2020. The dominance needs to reduce for altcoins to secure any kind of huge momentum that does not depend on Bitcoin. According to a renowned cryptocurrency analyst, this may soon happen, noting that the cryptocurrency market is now closer than ever to seeing altseason, which allows altcoins to record huge gains. In his explanation, three major factors support this outlook, and…