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Memecoins Rally as Traders Bet on Fed Rate Cut and U.S. Altcoin ETFs
Yahoo Finance· 2025-09-14 00:54
The memecoin sector is heating up as fresh altcoin season talks are starting to grow on social media, partly driven by expectations that the Federal Reserve will this coming week cut interest rates, a boon for risk assets. Bitcoin’s market dominance has dropped 3.5% in the past month, and its underperformance relative to altcoins has now seen altcoin season indexes, which measure the performance of top cryptocurrencies against BTC, enter “altseason” territory. Altseason, short for altcoin season, refers ...