Bitfinex analyst: The start of the altcoin season may depend on the launch of altcoin ETFs
-
最新报道：According to a Bitfinex analyst on August 26th, altcoins may not experience a widespread, outsized rally unless ETFs are launched that provide investors with exposure to higher-risk crypto assets. With Bitcoin (BTC)'s market share declining by 6% over the past 30 days, crypto market participants have been anticipating a rebound in the altcoin market, or a so-called "alt season." However, in a market report released on Monday, Bitfinex analysts stated that they do not expect an "alt season" until later this year, potentially only when flows into Bitcoin products regain momentum and new investment vehicles targeting altcoins are introduced. Bitfinex analysts stated that the market is currently characterized by "lower risk appetite" in this cycle, adding, "While inflows remain positive, the muted trend reflects greater investor caution, contrasting with the aggressive demand seen during previous all-time highs." David Duong, global head of research at Coinbase Institutional, disagreed, recently stating, "As September approaches, current market conditions suggest a potential shift toward a full-blown altcoin season."
下一篇
BTR is currently in "order-only mode" on the Kraken platform.
- According to an announcement released by Kraken, BTR is currently in "post-only mode" on t...
24小时热点
热点专题
418154