Has altseason started? It has for Grayscale!
Description
Bitcoin closed out its biggest-ever monthly USD gains at more than $26,000, yet the signs say the market is not overheated. In fact, some technical indicators suggest we're readying for a sizeable rally. Outside of Bitcoin, things may be even more interesting. NFTs continue their ascent in monthly sales volume as the floor for some blue chip collections elevates as well. Then there is the renewed discussion over altseason, as tokens like XRP and XLM have gone parabolic in the past 30 days, enriching Grayscale's robust portfolio.
Further reading:
- Bitcoin smashes records with biggest-ever $26K monthly BTC price gain
- Biggest US dollar gains ever — 5 Things to know in Bitcoin this week
- NFTs hit $562M in monthly sales volumes, recording six-month high
- Bitcoin dominance hints at ‘altseason,’ analysts eye XRP price rally into 2025
- Grayscale’s crypto portfolio up 85%, driven by triple-digit altcoin gains
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