Top 3 Cryptocurrencies to Accumulate Before Bitcoin’s $100K Breakout
Bitcoin’s march toward six figures is accelerating—and these altcoins could deliver asymmetric upside. Here’s where smart money is positioning before the next leg up.
Ethereum (ETH): The clear #2 dominates DeFi and institutional adoption. ETH/BTC ratio poised for reversal as ETF hype builds.
Solana (SOL): Speed and low fees keep SOL as the retail trader’s favorite. Network upgrades could trigger a 2021-style parabolic move.
Chainlink (LINK): Oracle networks become more critical as crypto scales. LINK’s quiet accumulation phase hints at major institutions loading up.
Remember: ’When the whales start buying alts, the bull market’s halfway done’—some hedge fund analyst who probably missed the Bitcoin bottom.
Cryptocurrencies Slide
The market dip comes after Florida state withdrew its two Bitcoin reserve bills from consideration. The move came as a blow to cryptocurrency fans and investors. Many were hopeful for a new state to join the ranks of having a BTC reserve.
The recent market rally was likely fueled by institutional investors. BlackRock purchased over $3.5 billion worth of BTC since Apr. 22. Retail investors most likely did not participate in the market recovery. Investor sentiment is still quite low from the early April crash.
An interest rate cut could lead to more retail investors entering the cryptocurrency market. There is a chance that the Federal Reserve will introduce a rate cut very soon, given that inflation in the US has cooled more than anticipated.
Top 3 Cryptocurrencies You Could Buy Before Bitcoin Hits $100,000
1. Ripple (XRP):
Ripple’s XRP token had quite a bullish phase earlier this year. The asset has a high correlation to Bitcoin (BTC). If BTC breaches the $100,000 mark, XRP could follow suit. The cryptocurrency could reclaim the $3 mark as well.
2. Ethereum (ETH):
ETH has failed to gain momentum over the last few months. The cryptocurrency is struggling to regain the $1900 mark. ETH could experience a rally if BTC hits $100,000.
3. Dogecoin (DOGE):
DOGE is another cryptocurrency that could rally if BTC hits $100,000. The memecoin has faced a substantial price correction over the last few days. The low prices could be a good entry point for many investors.