Coinbase research head predicts surge in altcoins

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Coinbase’s head of research, David Duong, argued that current crypto conditions suggest there could soon be a shift towards digital assets outside of Bitcoin. His remarks came amid the recent growth in altcoins this year. Duong mentioned in Coinbase’s monthly report on Thursday that September might see a push towards a full-scale altcoin season. According to Coinbase, an altcoin season is clear when three quarters of the top 50 altcoins surpass Bitcoin over 90 days. Duong believes Fed policies m...