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3 key data points highlight the 60-day strength shown by altcoins. A wave of green has washed across the entire crypto market , and it won’t be long before traders on X (the social platform formerly known as Twitter) begin to explain that a new altcoins season has arrived.  Altcoin season, or ‘altseason’ as the crypto bros say, typically measures the rallying of altcoins and a positive market capitalization increase of the total altcoin market cap. Let’s take a look at some key indicators that market participants use to determine whether or not an altcoin season has emerged. Total crypto market capitalization hits a 14-month high The total crypto market cap recently hit a 14-month high, clearly reflecting the current bullish momentum. Crypto total market cap broke out to its highest levels in over 14 months. pic.twitter.com/0c6CPxDSfQ — TradingView (@tradingview) November 6, 2023 Similar strength is seen in the total altcoin market capitalization chart (TOTAL2). The met...

Investors’ portfolios have been shrinking due to recent price changes in Sui (SUI) and Compound (COMP). However, they are keeping an eye on Tradecurve Markets (TCRV) as it has been trending positively, offering the potential to recover some of their losses.  Let’s take a closer look at the price movements of these alternative coins. Summary SUI is bearish but can reach 0.76 by the end of 2023 COMP, but analysts believe it can reach $72.68 Tradecurve Markets (TCRV) may surge on launch Sui is bearish On Aug. 9, 2023, SUI was trading at $0.598790. Over the past week, it fluctuated, reaching a low of $0.565512 and a high of $0.634252.  Additionally, SUI’s market capitalization was $433,380,445, with a 24-hour trading volume of $62,732,360. You might also like: Sui Network Utilizes Mist Units to Boost Payment Effectiveness Looking at the broader picture, SUI is down 5.4% and 5.1% over the past week and month, respectively.  Despite recent bea...

BTC and the crypto market will continue to battle with strong headwinds, but analysts explain why Q3 and Q4 of 2023 could turn out well for Bitcoin. Bitcoin (BTC) price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to say that the more experienced traders expected some sort of technical correction.  What was unexpected was the SEC’s Feb. 9 enforcement against Kraken exchange and the regulator’s announcement that staking-as-service programs are unregulated securities. The crypto market sold-off on the news and given Kraken’s decision to close up 100% of its staking services, traders are concerned that Coinbase will eventually be forced to do the same. The real question is, does this week’s price action reflect a change in the trend of bullish momentum seen throughout January, or is the “staking services are unregistered securities” news a simple blip that traders will disregard in the coming...