Coinbase: The market may be approaching a full-blown Altcoin season

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Coinbase stated in its August monthly report that the market might be approaching a full Altcoin season, with institutional interest in ETH driving the total market capitalization of Altcoins to grow by over 50% since early July. LDO benefited from the ETH rebound and the SEC's positive stance on liquid staking tokens. If the Federal Reserve cuts interest rates in September, it could release more retail funds into the market.

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