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Altcoins are surging as Ethereum leads a rally with over 20% gains in the past week and several major coins following suit. Does this mean alt season is here at last?
Christina Comben 3 min read 
With Ethereum surpassing $4,000, prediction platforms see a bullish sentiment, forecasting potential price targets up to $60,000.
Despite the recent market dip, Bitcoin remains the top-performing major asset over the past two years, outpacing gold, stocks, Ethereum, and crude oil.
Arthur Hayes, former BitMEX CEO, predicts Bitcoin could slump below $100,000 after a weak U.S. NFP report, despite his long-term bullish view.
President Donald Trump stated he heard Fed Chair Jerome Powell will cut interest rates in September, but the central banker denied that a decision has been made.
BTC remains structurally sound, yet systemic fragility is rising beneath the surface as risk disperses away from Bitcoin.
Trump Media's aggressive Bitcoin investments highlight a strategic pivot amid favorable new U.S. crypto laws.
Atking said it is encouraging to see the market embracing assets such as ETH, noting that this provides a good future for development.
Traders are turning bullish as ETH price shows signs of breaking a three-plus-year slump, and 89% of the community is optimistic.
