Bitcoin’s recent rally to an all-time high of $73,750, followed by a decline to $61,000, has ignited speculation within the cryptocurrency industry that an altcoin season may be on the horizon. Experts predict a substantial increase in the value of alternative cryptocurrencies (altcoins), setting the stage for several digital assets to reach the significant milestone of a $100 billion market capitalization.
This upward trajectory in altcoin valuations is seen as a favorable development for various cryptocurrencies that are poised to achieve this remarkable milestone.