📉 According to cryptocurrency analyst Benjamin Cowen, a sobering outlook for many altcoins looms, with no recovery in sight for the year. 😕

📊 Cowen believes that while the altcoin market may eventually bounce back, it's highly probable that numerous altcoins won't reach new all-time highs. 📉

💰 The total market capitalization of altcoins experienced fluctuations, hovering around $323.5 billion before dropping to around $290 billion. 📈

💡 Cowen suggests that a true 'renaissance' for altcoins might only come after the Federal Reserve's pivot next year. 🏦🔄 #AltcoinAnalysis #CryptoMarketTrends #FedPolicy 🪙📊