Altcoin investors have high hopes for the upcoming altcoin season. Many investors believe that the transfer of capital from the Bitcoin ecosystem and possible improvements in regulation will lead to an altcoin rally in 2025.

However, the cryptocurrency market remained bearish in the last 24 hours following hawkish statements from Federal Reserve Chairman Jerome Powell following the recent FOMC meeting. Cryptocurrency supporters believe that the market will withstand the impact of bearish news before making a significant recovery ahead of a potential bull run. $COW $VANA $JTO #2024withBinance