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Altcoin ‘wildfire’ inbound as trader shuts down bear market fears

cryptoweekly by cryptoweekly
May 28, 2025
in bitcoin, News
0

Speculation about altcoin season already ending was dismissed by a crypto trader who argues it hasn’t even properly kicked off yet.

A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms.

“I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said in a May 28 X post.

“They are literally on the bottom,” van de Poppe added before stating that the “final easy 12-24 months are coming.” While many altcoins have posted gains over the past 30 days, they remain below their levels from the market uptrend until US President Donald Trump’s inauguration in January.

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  • Ethereum's 55% rally setup vs. Bitcoin sparks ‘altseason’ hopes
  • Insurance companies race to cover crypto kidnap and ransom risks
  • Pakistan Crypto Council schedules Monday meeting to clarify crypto policy
  • Bitcoin all-time high, five US states enact crypto laws: May in Charts
  • IMF raises concern over Pakistan’s Bitcoin mining power plan: report
  • Bitcoin bull run 'might be delayed' as $104.5K weekly close becomes key
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