According to Milk Road Daily, the Federal Reserve has cut interest rates, which they state will inject liquidity into the system and historically drives small-cap assets to rally first, signaling the start of an altcoin season; source: Milk Road Daily on X, Aug 29, 2025. Milk Road Daily frames this as a recurring cycle rather than a new regime, implying potential near-term outperformance of higher-beta altcoins versus BTC and ETH as liquidity expands; source: Milk Road Daily on X, Aug 29, 2025.