$ICP #Altcoins

Money only flows into altcoins in an environment where the Fed is easing and uncertainties are reduced. During the pandemic, we experienced the most uncertain days, and you may ask how altcoins managed to rally then. The Fed not only eased during the pandemic but also opened almost all the taps with QE.
It carried out repo operations, opened dollar swap lines, set up emergency lending programs, accelerated corporate bond purchases, supported the PPP and the Main Street Lending Program. The Fed clearly announced that it would keep interest rates low for a long time. These also increased risk appetite.
Almost the whole world did the same, and there was an incredible amount of money in the system. What the Fed can do now will only be a small easing. So, once these conditions begin to materialize, the move will start.

Right now, it is below the averages.