GSR Co-CEO: Torrents Will Make a Comeback, and a Strong One at That

BlockBeats news, on July 29th, Rich Rosenblum, the co-CEO and co-founder of crypto market maker GSR, posted on social media saying, "Every time Bitcoin rises, the altcoin angel on my shoulder shouts: 'Altcoin season is here.'

But the little altcoin devil sarcastically responds: 'Not this time... Altcoins can't rise in this regulatory environment.'

The angel then says: 'The teams and technology are much better now. Altcoins will find a way to break through.'

This is the first time that the little altcoin devil has remained silent.

Bitcoin's market dominance has been rising throughout this month. BTC may continue to lead the next stage of bull market cycle (or more precisely SOL - 'the fastest horse').

But I am most confident this time that altcoins will make a comeback. And it will be a strong return."