Crypto Rundown: Why Are Altcoins Soaring Higher & The Bullish News Flow Around Crypto
Description
In this episode of The Crypto Rundown, Brendan Viehman and Tevo dive into the recent rally in altcoins, with many experiencing double digit gains. They discuss Bitcoin’s dominance retracing from recent highs, allowing Ethereum and other altcoins like Solana and Sui to surge. The conversation highlights the potential for a broader altcoin rally if Bitcoin’s dominance continues to fall. Additionally, they explore rumors of a Bitcoin supply crisis at Coinbase due to increasing demand from institutional investors, such as BlackRock, signaling a potential Bitcoin supply squeeze. The episode wraps up with insights into upcoming political moves in the crypto space and how institutional adoption might shape the final quarter of the year.
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