Altcoin Volatility Spikes Ahead of September
The cryptocurrency market has seen some relief in recent months, but altcoins are expected to experience higher volatility in September. Several factors contribute to this expectation, including macro uncertainty and token unlocks.
Large-cap and mid-cap tokens such as SUI, APT, SEI, and others are showing increased volatility. This is likely due to shifting risk appetite among investors.
The current market conditions have created an environment for sharp price movements in both directions. As a result, traders and investors should be prepared for potential price fluctuations.