On this episode of The Deep Dive, we unpack Coinbase's August 2025 Outlook to separate altcoin season signals from ETH-driven momentum. We explain why Bitcoin dominance is falling even as the 90-day altcoin index stays muted, and what institutional ETH demand—plus regulatory clarity on liquid staking—means for traders and investors. We also connect macro liquidity and potential Fed easing to the risk-on backdrop shaping crypto into late 2025.

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