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Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

Several altcoins are in the process of double and triple-digit rallies as US money supply expansion and data from the TOTAL3 index point to the early stages of an altseason.

Key takeaways:

The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason.

The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks noted a breakout that could rival the explosive 2017 bull run. 

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  • Saylor signals impending Bitcoin purchase amid Israel-Iran conflict
  • TradFi's deep liquidity issue is crypto's silent structural risk
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  • Vietnam legalizes crypto under new digital technology law
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