The recent Federal Reserve FOMC meeting has caused significant drops in cryptocurrency markets, with many altcoins experiencing a major hit.
Analysts believe that while the short-term trajectory may be impacted, the long-term outlook remains bullish for altcoins.
Historically, after a correction in Bitcoin, altcoins tend to follow and experience significant growth, indicating a potential altcoin rally in January.
Crypto analysts point out various factors driving potential growth, such as Bitcoin's new all-time highs, Trump taking office soon, global rate cuts, and increased market participation.