Traders watch Fed rate cuts, prepare for altcoin season: Crypto Journal America Edition

Ryan Lee, chief analyst at Bitget, pointed out that the bull market remains strong driven by expectations of Fed rate cuts, institutional inflows and potential approvals of XRP and SOL spot ETFs. Auros points out that BNB and HYPE are outstanding tokens, while Polygon Labs is working with Cypher Capital to boost institutional investors’ investment in POL. BTC and ETH showed a slight increase, and XRP is about to usher in a key technological breakthrough.