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Retail is Returning to Crypto—With Altcoins Gaining Strength, Here’s When Altseason May Get Started
The Bitcoin price has recently climbed to new highs above $122,000, which shook not only the crypto markets but also the institutions. Although the Ethereum price maintained a sluggish trend before, it gained huge bullish momentum and broke above the local threshold of $3800. This seems to have attracted the retailers who were offshore till now, as institutions constantly accumulated Bitcoin, which kept up the bullish momentum. Now that the BTC price rally seems to have cooled a bit, altcoins have gained traction, igniting a strong Altseason.