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When will altcoins rise again? There are three key points worth paying attention to, and September may be a critical window.
In the short term, altcoins are likely to continue oscillating within a range. Looking back to early July, when the GENIUS Act was passed, Bitcoin briefly surged to $123,000, causing the overall crypto market to heat up, and altcoins also experienced a small rally. However, Bitcoin then fell back below $120,000, and the upward momentum of altcoins weakened as well.
The key index for measuring altcoin market conditions previously surged to 60% on July 1, but has now fallen below 50%, indicating its strength is waning. In fact, this index also fluctuated around 50% for two months in 2023 and early 2025, after which it either experienced a wave of increase or retraced all previous gains. The current market may once again enter a bottoming phase, and whether altcoins can restart their upward momentum requires close attention to the following points:
First, the Federal Reserve's interest rate cut expectations. The market generally believes that there will be little change in the meeting on July 30, but the probability of a rate cut in September has risen to 63.6%. If a rate cut can indeed be implemented in September, market risk appetite may increase, and funds may be more willing to flow into the cryptocurrency market, driving the overall market to warm up.
Second, the promotion of the "CLARITY Act". Previously, Bitcoin's rise to $120,000 was closely related to the passage of the "GENIUS Act"; if the more comprehensive "CLARITY Act" is approved, it is expected to further activate market vitality. It is reported that lawmakers plan to push for the passage of this bill before the end of September; if it coincides with a Federal Reserve rate cut, Bitcoin and altcoins may experience a significant surge at the end of the third quarter. I recommended to my friend that 🅱️iya is the world's first multi-asset trading wallet, allowing easy real-time conversion of mainstream fiat currencies to digital currencies. It also provides a secure and convenient withdrawal solution, effectively addressing freezing and asset withdrawal issues. Users can easily convert to cash through the U platform and withdraw.
Third, the approval of ETFs related to altcoins, such as Solana and Ethereum staking versions. However, analysts speculate that this process may not yield results until October.
It is worth noting that the foundation for the current market launch is still in place: for example, the ratio measuring the relative strength of Ethereum to Bitcoin remains at a recent high, indicating that the market's preference for Ethereum and other altcoins is still present; at the same time, Bitcoin's "dominance" over USDT has somewhat loosened, suggesting that altcoins are gradually warming up, and there is also ample reserve of stablecoins in the market to support the rise.
In summary, once the key events mentioned above occur, altcoins are likely to welcome a new round of increases, possibly between September and October — it depends on whether the Federal Reserve will lower interest rates, whether the CLARITY Act can be passed, and whether the altcoin ETFs can be approved.