Altcoin Season Unlikely as Declining Savings Impact Investor Behavior, Analyst Mahmudov Says

The outlook for a major altcoin season appears bleak as cumulative excess savings in the U.S. dwindle. A recent report highlights that U.S. households have largely exhausted the substantial savings accumulated during the pandemic. Prominent analyst Murad Mahmudov underscores the correlation between declining savings and a tepid altcoin market, noting that investment in riskier digital

Source: CoinOtag