The cryptocurrency market is witnessing a renewed surge in confidence, propelled by Bitcoin’s remarkable 25% rebound this April, shifting sentiment sharply. Significant whale accumulation activities have been reported, indicating a
Get ready for some eye-popping numbers! The world of corporate finance just got a major headline, all thanks to the king of cryptocurrencies. MicroStrategy, the software company that has become synonymous with aggressive Bitcoin accumulation, has officially crossed a monumental threshold: their total Bitcoin holdings are now valued at over $50 billion. This isn’t just a big number; it’s a testament to their long-term conviction and a significant marker for the broader trend of institutional Bitcoin adoption. The news, initially highlighted by crypto market analyst Maartunn on X, confirms that as of April 20th, MicroStrategy (now officially known simply as Strategy, though many still use the former name) held a staggering 538,200 BTC. This vast sum, accumulated over several years through strategic purchases, represents one of the largest known corporate treasuries denominated in the digital asset. How Did MicroStrategy Build Such Massive MicroStrategy Bitcoin Holdings? MicroStrategy’s journey into Bitcoin began in August 2020, driven by CEO Michael Saylor’s belief in Bitcoin as a superior store of value and a hedge against inflation. What started as an initial allocation quickly evolved into a core corporate strategy. Unlike companies that might dip their toes into crypto, MicroStrategy dove headfirst, using various financial maneuvers to fund their purchases. Strategic Purchases: The company has consistently bought Bitcoin, often during market dips, but also through regular acquisitions. They haven’t just bought; they’ve adopted a long-term, hold-oriented approach. Capital Raises: To fund these ambitious purchases, MicroStrategy has frequently tapped into capital markets. They’ve issued convertible senior notes (debt) and sold common stock, specifically earmarking the proceeds for Bitcoin buys. This strategy allowed them to acquire significant amounts of BTC without solely relying on their operational cash flow. Long-Term Vision: Michael Saylor has been vocal about viewing Bitcoin as a multi-decade asset. This long-term perspective has guided their accumulation strategy, allowing them to ride out market volatility and continue buying. This aggressive accumulation strategy is unique among publicly traded companies and has positioned MicroStrategy as a de facto Bitcoin investment vehicle for traditional investors looking for exposure without directly holding the asset. Understanding the $50 Billion Valuation of Bitcoin Holdings It’s crucial to understand that the $50 billion figure represents the market value of MicroStrategy’s 538,200 BTC holdings at a specific point in time (around April 20th, based on the reporting). Bitcoin’s price is notoriously volatile, meaning this valuation fluctuates constantly with the market. While the $50 billion milestone is significant, it reflects Bitcoin’s strong performance leading up to that date. One key metric often discussed alongside the total holdings value is the company’s average cost basis for its Bitcoin. While not explicitly stated in the original snippet, MicroStrategy regularly reports this figure. Their average purchase price per Bitcoin is significantly lower than the market price when the $50 billion valuation was reached. This difference between their cost basis and the current market value represents a substantial unrealized gain, though it’s subject to market fluctuations. The $50 billion valuation isn’t just a number; it highlights the immense scale of MicroStrategy’s bet on Bitcoin and how much value that bet has generated (on paper) during bull markets. It dwarfs the market capitalization of many large corporations and underscores the potential for significant returns (and risks) associated with holding such a volatile asset. What Does This Corporate Bitcoin Strategy Signify? MicroStrategy’s pioneering Corporate Bitcoin Strategy carries significant weight beyond just their balance sheet. Their willingness to convert substantial portions of their treasury and raised capital into Bitcoin has served as a powerful case study and catalyst for others considering similar moves. Here’s what it signifies: Validation of Bitcoin as a Treasury Asset: MicroStrategy’s move legitimized the idea that Bitcoin could be a viable alternative to traditional treasury assets like cash or bonds, especially in an environment of inflation concerns and low-interest rates. Paving the Way for Others: By demonstrating a framework for acquiring and holding Bitcoin as a public company, MicroStrategy provided a blueprint and reduced the perceived risk for other corporations contemplating similar strategies. Strong Belief in Bitcoin’s Future: Holding over half a million Bitcoin, even through market downturns, signals an exceptionally strong belief in Bitcoin’s long-term value proposition and its potential to appreciate significantly over time. This strategy isn’t without its critics, who point to the volatility risk. However, reaching the $50 billion valuation milestone during a strong market period provides a powerful counter-narrative, showcasing the potential upside when the strategy plays out favorably. The Impact of Institutional Bitcoin Adoption Like MicroStrategy’s The rise of Institutional Bitcoin Adoption is a major theme in the current crypto market cycle, and MicroStrategy is arguably its most prominent corporate champion. Their large-scale buying has a tangible impact: Supply Absorption: Accumulating hundreds of thousands of Bitcoin removes a significant amount of supply from the market, potentially contributing to price appreciation, especially when combined with other forms of demand like spot Bitcoin ETFs. Increased Legitimacy: When a NASDAQ-listed company with a long history publicly embraces Bitcoin, it lends an air of legitimacy to the asset in the eyes of traditional finance and investors who might otherwise be hesitant. Attracting Investment: MicroStrategy’s stock (MSTR) has become a popular way for investors to gain leveraged exposure to Bitcoin, effectively acting as a proxy ETF before the approval of spot Bitcoin ETFs in the U.S. This increased investor interest further blurs the lines between traditional markets and crypto. While MicroStrategy’s holdings alone don’t dictate the entire market, their scale and vocal advocacy for Bitcoin play a significant role in the ongoing narrative of institutional acceptance and integration. Beyond the Headlines: Analyzing MSTR Bitcoin Exposure For many investors, buying MSTR stock has become a way to get exposure to Bitcoin without directly managing private keys or dealing with crypto exchanges. The company’s valuation is now heavily tied to the price of Bitcoin, often trading at a premium or discount depending on market sentiment and perceived leverage. Analyzing MSTR Bitcoin exposure involves looking at both the underlying asset (Bitcoin) and the company’s operational business (business intelligence software). However, it’s clear that the Bitcoin holdings dominate the investment thesis for many MSTR shareholders. This creates a dynamic where MSTR stock can be more volatile than Bitcoin itself, due to the added layer of corporate leverage and market sentiment surrounding the company’s unique strategy. Key Considerations for MSTR Investors: Bitcoin Price Sensitivity: MSTR’s stock price is highly correlated with Bitcoin’s price movements. Leverage: The company has used debt to finance some purchases, amplifying both potential gains and losses. Premium/Discount: MSTR stock often trades at a premium to the net asset value of its Bitcoin holdings, reflecting demand for this indirect exposure. Understanding the interplay between MicroStrategy’s corporate structure, its financing activities, and the volatile nature of Bitcoin is essential for anyone analyzing MSTR Bitcoin exposure. Challenges and Risks While the $50 billion valuation is a positive headline, it’s important to acknowledge the inherent risks. The primary challenge is Bitcoin’s price volatility. A significant downturn in the crypto market could quickly reduce the value of MicroStrategy’s holdings and impact their stock price. Historically, under previous accounting rules, significant price drops could also trigger impairment charges on their balance sheet, although new accounting standards effective in 2025 for certain entities may change this reporting. Actionable Insights from MicroStrategy’s Strategy What can businesses and investors learn from MicroStrategy’s bold move? Conviction Pays Off (If Right): MicroStrategy’s unwavering conviction in Bitcoin, despite market cycles, has led to significant unrealized gains during bull runs. Bitcoin as a Treasury Asset: The strategy demonstrates that Bitcoin can be considered as part of a diversified corporate treasury, offering potential upside and inflation hedging, albeit with higher risk. Leverage Amplifies Results: Using debt and equity to fund purchases allowed MicroStrategy to accumulate a massive amount of BTC, amplifying returns during a rising market, but also increasing risk during a downturn. Long-Term Perspective: Their success so far is tied to a long-term holding strategy, rather than short-term trading. A Landmark Achievement MicroStrategy surpassing $50 billion in Bitcoin holdings is more than just a financial milestone; it’s a landmark event in the history of corporate finance and institutional Bitcoin adoption. It underscores the growing acceptance and significant potential of digital assets in mainstream portfolios. While risks remain, MicroStrategy’s aggressive and transparent strategy has undeniably put them at the forefront of this trend, serving as a powerful example for the world to see. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption.
Chinese trader Eugene Ng Ah Sio has announced a dramatic change in his trading stance, switching to an “aggressive bullish” position with a bullish outlook on major altcoins. In a series of updates shared via his personal channel, Ng claimed that he sees the potential for altcoins to rise by 10% to 20% in the near-term. “I am currently in an aggressive bull position and will soon find out if I am right or wrong,” Ng wrote. “This position usually fluctuates violently up and down in a relatively short period of time. I am watching to see if mainstream altcoins will revalue and rise by 10-20%.” Related News: BREAKING: Coinbase Adds a New Altcoin to Its Roadmap to List The position change came as Bitcoin broke through what Ng described as a “wall of worry” at $90,000, acknowledging that the sharp rally had invalidated the previous downtrend. “Bitcoin has crossed $90,000 and the price has climbed my worry wall,” Ng explained. “My bearish trend has basically come to nothing. If this continues, I will look for bullish opportunities in altcoins. The fanatical market sentiment will make a comeback in a wide range of altcoins and I will dig deeper again.” *This is not investment advice. Continue Reading: Renowned Chinese Trader Reveals His Last Prophecy About Altcoins
Imagine waking up one day to find millions of dollars worth of your digital assets gone. This nightmare became a reality for one individual in South Korea, who reportedly lost a significant amount of Bitcoin to cunning thieves. The recent Bitcoin theft case in South Korea highlights the critical importance of securing your cryptocurrency, especially the seemingly simple, yet powerful, wallet recovery phrase . South Korea Bitcoin Theft: Unpacking the $4.1 Million Crime The details emerging from South Korea paint a picture of a sophisticated operation. Authorities have apprehended four individuals in connection with the theft of 45 Bitcoin, an amount valued at approximately 5.9 billion won, or roughly $4.1 million at the time of the report. The victim’s digital assets were allegedly siphoned off after the suspects gained unauthorized access to their crypto wallet. According to reports, the perpetrators didn’t resort to complex hacking methods in the traditional sense. Their alleged strategy was far more insidious: they reportedly approached the victim under the guise of offering a secure storage solution for their digital assets. This seemingly helpful offer was, in fact, a ruse to secretly obtain the victim’s wallet recovery phrase – the master key to their crypto holdings. The Master Key: Why Your Wallet Recovery Phrase is Paramount For anyone holding cryptocurrency, the wallet recovery phrase (also known as a seed phrase) is the single most important piece of information. Think of it as the ultimate backup for your crypto wallet. It’s typically a list of 12 or 24 words that allows you to restore access to your funds on any compatible wallet software or hardware, even if you lose or damage your original device. Here’s why it’s so critical: Full Access: Anyone with your recovery phrase can gain complete control over your cryptocurrency stored in that wallet. No Password Needed: Unlike a password that protects the wallet on a specific device, the recovery phrase bypasses this layer of security entirely. It grants access to the underlying private keys. Offline Security is Key: Because it’s the ultimate key, it should ideally never be stored digitally where it can be accessed by malware or hackers. Physical, secure storage is paramount. In the South Korea crypto crime case, the suspects allegedly exploited the victim’s trust and potentially their lack of understanding about the power of the recovery phrase to gain access. Tracking the Thieves: The Power of Blockchain Forensics While cryptocurrency transactions are often described as anonymous, they are more accurately described as pseudonymous. Every transaction is recorded on a public ledger – the blockchain. This inherent transparency, while sometimes complex to follow, is a powerful tool for law enforcement and blockchain forensics experts. In this Bitcoin theft case, investigators in Seoul leveraged blockchain forensics to track the flow of the stolen 45 Bitcoin. This wasn’t a quick process; police reportedly spent 10 months tracing the movement and laundering of the illicitly obtained crypto assets. By analyzing the transaction patterns, identifying linked wallets, and potentially collaborating with exchanges or other services, they were able to follow the digital trail left on the blockchain. Here’s a simplified look at how blockchain forensics works: Transaction Tracing: Following the path of specific cryptocurrency units from one wallet address to another. Cluster Analysis: Identifying groups of wallet addresses likely controlled by the same entity. Exchange Interaction: Tracking funds moved to or from centralized exchanges, which often require identity verification (KYC). Pattern Recognition: Spotting unusual transaction patterns indicative of money laundering or other illicit activities. The successful tracking over a significant period demonstrates the increasing capability of law enforcement worldwide to combat crypto crime using these specialized techniques. The Investigation Continues: Arrests and Charges The police in Seoul announced on April 25 that their extensive investigation using blockchain forensics led to the identification and apprehension of the group. Of the four individuals arrested, two have been formally charged and transferred to prosecutors for further legal proceedings. The remaining two suspects are still under investigation, though reportedly without detention at this stage. This development underscores the commitment of authorities in South Korea to tackling crypto crime and protecting investors from theft and fraud. Preventing Yourself from Becoming a Victim: Essential Crypto Security Tips The South Korea Bitcoin theft serves as a stark reminder that while cryptocurrency technology is secure, the points of access controlled by users are often the most vulnerable. Protecting yourself requires vigilance and adherence to fundamental crypto security practices. Here are actionable steps you can take to safeguard your digital assets: Guard Your Wallet Recovery Phrase Like Gold: Write it down on paper and store it in multiple secure, offline locations (e.g., a safe, a safety deposit box). Never store it digitally (on your phone, computer, cloud storage). Never share it with anyone, ever, for any reason. Be Wary of Unsolicited Help: As seen in the South Korea case, thieves may pose as helpful individuals or services. Only use reputable, verified platforms and hardware. Be extremely suspicious of anyone offering to help you manage or secure your private keys or recovery phrase. Use Hardware Wallets: For storing significant amounts of crypto, hardware wallets (physical devices) are highly recommended. They keep your private keys offline, making them immune to online hacking attempts. Enable Two-Factor Authentication (2FA): Use strong 2FA on all your crypto exchange accounts and online wallets. Be Skeptical of Too-Good-To-Be-True Offers: If an investment opportunity or service seems unusually profitable or requires you to share sensitive information, it’s likely a scam. Educate Yourself: Understand how your wallet works, the difference between public and private keys, and the importance of your recovery phrase. Implementing these crypto security measures can significantly reduce your risk of falling victim to theft. The Evolving Landscape of Crypto Crime and Security As the cryptocurrency market grows, so too do the methods employed by criminals. While blockchain forensics is becoming more advanced, thieves are also adapting, using mixers, decentralized exchanges, and other techniques to obfuscate their trails. This ongoing arms race between criminals and law enforcement/security experts highlights the dynamic nature of crypto crime . Cases like the South Korea Bitcoin theft are crucial learning opportunities for the wider community. They reinforce the fact that the biggest vulnerability is often the human element and the security practices users employ. Conclusion: A Call for Heightened Vigilance The arrest of four individuals in connection with the $4.1 million Bitcoin theft in South Korea is a positive step, demonstrating that crypto crime is not untraceable. The successful use of blockchain forensics over a prolonged period was instrumental in bringing the suspects to justice. However, the method used – obtaining the wallet recovery phrase through deception – serves as a critical warning. Protecting your digital wealth ultimately rests on your shoulders. By understanding the power of your recovery phrase, implementing robust crypto security measures, and remaining vigilant against scams and social engineering tactics, you can significantly enhance the safety of your Bitcoin and other cryptocurrencies. Let this South Korea crypto crime story be a powerful reminder to prioritize security above all else in the exciting world of digital assets. To learn more about the latest Bitcoin security trends and how to protect your digital assets, explore our articles on key developments shaping crypto security practices and combating crypto crime.
Despite signs of long-term Bitcoin accumulation, Coinbase warns that near-term market weakness may persist until at least late Q2. Coinbase analysts are taking a more cautious stance on the short-term crypto market, with expectations that the floor may not come into view until late Q2. In a joint research report with blockchain analytics firm Glassnode, Coinbase analysts highlighted that while long-term Bitcoin ( BTC ) holders are steadily accumulating more coins, the exchange still foresees ongoing weakness before any potential rebound takes shape. “Bitcoins’ liquid supply (coins moved within three months) decreased in 1Q25, which suggests long-term Bitcoin holders have begun steadily accumulating more BTC since the end of February as the price dropped below $90,000.” Coinbase Despite the accumulation, Coinbase stressed that a defensive approach might be needed in the near term, citing concerns about possible market downturns. “We think a defensive stance on risk-taking may be warranted for the time being, but we still believe that crypto prices may be able to find their floor in mid-to-late 2Q25 — setting up a better 3Q25.” Coinbase You might also like: Bitcoin bear market could last at least six months: CryptoQuant CEO According to the company, both Bitcoin and the COIN50 index — tracks the performance of the 50 largest cryptocurrencies by market cap — have recently broken below their respective 200-day moving averages, signaling bearish trends. Looking ahead, Coinbase noted that should the Fed halt quantitative tightening, it could boost global liquidity and support crypto markets. However, the analysts also cautioned that ongoing uncertainties, especially regarding global trade and liquidity, might continue to weigh on sentiment. Read more: Crypto prices may stabilize in late Q2, rebound in Q3 possible: Coinbase report
Recent findings reveal that altcoins often decay rapidly against Bitcoin (BTC), emphasizing Bitcoin’s stability as a long-term investment. Key altcoins like LUNA1, ONG, and BRISE have shown the most severe
The founder of the smart contract platform Cardano ( ADA ), Charles Hoskinson, is warning that the future of Ethereum ( ETH ) could be in question. In an Ask Me Anything (AMA) on his YouTube channel, Hoskinson says he doesn’t “think Ethereum will survive more than 10 to 15 years.” According to Hoskinson, Ethereum faces existential threats both from within its ecosystem and externally. “The [Ethereum] layer-2s will continue to suckle out all of the alpha and people will start fighting and it will get harder and harder for [Ethereum co-founder] Vitalik [Buterin] to be able to hold it together through sheer force of will. And users will gradually migrate to other places and then they’re going to get eclipsed by Bitcoin DeFi (decentralized finance). Because once that turns on, the TVL (total value locked) will be larger than Ethereum and a lot of people will start migrating in that particular direction… …and the other thing is they’re being eaten alive by Solana and Sui and these other things. So, brilliant project. It’s just a victim of its own success. Like MySpace [social network] or any of these other things that have a lot of network effect and momentum. BlackBerry [smartphone] is another example. But people have fundamentally different paradigms that over the long term are intrinsically superior. And they creep up on you.” The Cardano creator says that Ethereum’s problems can be traced to three mistakes made by the founders and developers. “The number one problem Ethereum has is that they took an easy road out where they did three things wrong. So first off, wrong protocols. They have the wrong accounting model, they have the wrong virtual machine and they have the wrong consensus model. All of these were self-inflicted wounds. People told them not to do it, they did it and they got where they needed to go. Second, what they chose to do to solve these problems is put in all these weird slashing economics and layer-twos and other things and now they’re living with all of the consequences of these types of things. And third, they really don’t have a good on-chain governance system So really what needs to happen is you need a parallel track with solving all those three things.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Cardano Creator Charles Hoskinson Says Ethereum Might Not ‘Survive’ Next 10 to 15 Years – Here Are His Reasons appeared first on The Daily Hodl .
The post Roger Ver Paid $600K to Donald Trump Ally to Fight Crypto Charges appeared first on Coinpedia Fintech News Roger Ver, once known as “Bitcoin Jesus,” is now facing serious charges, including mail fraud, tax evasion, and filing false returns. But Ver isn’t relying on the courts alone—he’s taking his fight to Capitol Hill. $600K Lobbying Effort to Influence Congress According to filings, Ver paid $600,000 to Trump ally Roger Stone to lobby Congress to amend the law he’s accused of breaking. The New York Times reported that Stone was hired in February. Ver denies wrongdoing but admits he struggled to manage his U.S. exit tax, citing Bitcoin market illiquidity at the time. In a January video , Ver made a public appeal to Trump, warning he faces over 100 years in prison for promoting crypto. The government accuses Ver of evading at least $48 million in taxes after renouncing his U.S. citizenship. Ver maintains the situation was complicated, blaming the illiquidity of Bitcoin for making it difficult to comply. Crypto Voices Rally Behind Ver Support for Ver is growing. Silk Road founder Ross Ulbricht, serving a life sentence, has called for Ver’s pardon, highlighting Ver’s past support. American economist Jeffrey Tucker also defended Ver, calling him a hero being punished for advocating freedom. Ver’s push coincides with Trump’s growing support for crypto and retreat from tough SEC regulations. Whether Ver’s lobbying will pay off remains uncertain, but the message is clear: crypto’s future now runs through political corridors. Why did Roger Ver pay $600,000 to Roger Stone? Roger Ver paid $600,000 to Roger Stone to lobby Congress to amend the law he is accused of breaking and to influence political support for his legal battle. Is Donald Trump’s pro-crypto stance likely to help Roger Ver’s case? Trump’s softer stance on crypto could create a more favorable political environment, but it’s unclear if it will directly impact Ver’s legal outcome. How did Bitcoin’s illiquidity cause Ver’s tax issues? Ver claims Bitcoin’s market was too illiquid when he renounced his U.S. citizenship, making it difficult to sell enough coins to cover his exit tax obligations.
After a sharp market correction that tested conviction across the board, optimism is slowly returning to the crypto sector. Leading the recovery are the usual suspects— Bitcoin , Ethereum , and XRP —each demonstrating that time-tested fundamentals and large-scale adoption matter, especially in turbulent times. These projects have proven they can absorb shocks, adapt quickly, and continue to lead the broader conversation. But as attention settles on familiar names, a new generation of assets is quietly forming its own path forward. One name gaining traction in these early stages is MAGACOINFINANCE . MAGACOINFINANCE Is Earning Respect by Avoiding the Spotlight—and Delivering Anyway While some projects live off hype, MAGACOINFINANCE has taken the opposite approach—building quietly and consistently. It didn’t surge with the market, nor did it fade during the crash. It simply kept developing, growing its user base, and attracting the attention of researchers and early investors who look past surface-level trends. In recent weeks, conversations about MAGACOINFINANCE have shifted. It’s no longer a question of whether the token has potential—it’s about how much of that potential is already being realized. Community strength, wallet metrics, and early integrations all point in one direction: steady, healthy momentum. It’s not trying to outshine giants like Ethereum or Bitcoin . It’s simply carving out space of its own—and doing it well. Rebound Watch: Cardano, Toncoin, Chainlink, and Stellar Cardano continues to play the long game. Its slow, peer-reviewed approach to development can frustrate some, but it has earned deep trust from long-term holders. After the crash, it has rebounded with the same steady resilience that defines its roadmap. Toncoin is expanding its reach via integrations with everyday digital platforms. Its growth trajectory is unique—leaning on mobile usability and mainstream accessibility to drive real-world engagement. Chainlink remains the cornerstone of smart contract data. With nearly every major Decentralized finance protocol depending on its oracles, its value is undeniable. Volatility doesn’t shake its relevance—it reinforces it. Stellar remains mission-driven. Focused on cross-border payments and financial inclusion, its post-crash performance reflects strong backing and continued use in emerging economies and fintech platforms. All four continue to bring substance to the table. But in a market hungry for new momentum, MAGACOINFINANCE is offering something different: the promise of early-stage movement built on execution—not speculation. Closing Outlook The dust hasn’t fully settled, but the direction is clearer. Bitcoin , Ethereum , and XRP continue to inspire confidence. They are the cornerstones of this space for good reason. But as 2025 approaches, investors aren’t just asking which coins will recover. They’re asking which ones are quietly getting ready to lead. MAGACOINFINANCE may not have peaked—because it’s only just begun. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Post-Crash Optimism Remains for Ethereum, XRP, and Bitcoin (BTC)
The post Top Altcoins to Consider Before Bitcoin Price Revives a Rise Back to $100K appeared first on Coinpedia Fintech News Bitcoin price is closely correlated with many altcoins that closely follow the trend. These altcoins have been following the BTC price rally and experiencing a similar price action to the star token. Therefore, now that Bitcoin is believed to revive a strong ascending trend soon, these cryptos are expected to follow and probably rise and reach new highs. The entire market triggered a massive breakout in Q4 2024, which pushed the BTC price to a new ATH close to $109K. This has also elevated the prices of the altcoins like Ethereum, XRP, Litecoin, Solana & Dogecoin. While Ethereum peaked above $4000, XRP above $3.3, Bitcoin almost reached $150, and Dogecoin $0.5. Meanwhile, the winner of the race was Solana, which managed to peak and form a new ATH above $295. While almost the whole market faced a major rejection, followed by a pullback, these altcoins maintained the same ascending consolidation as Bitcoin. The prices of ETH, XRP, LTC, DOGE & SOL have been consolidating since the start of the month but under bullish influence. All of them are testing the resistance strongly and preparing for the next bullish move by the BTC. Once done, these altcoins are believed to trigger a 30% upswing. While Bitcoin price is primed to rise back to $100K after securing the resistance at $95,000, Ethereum price is expected to surge above $2000. Besides, the XRP price is expected to surpass the crucial resistance at $2.6. Meanwhile, Solana’s price is expected to make it to $180, and Dogecoin’s price could surge above $0.2 and eventually reach $0.25. However, to do so, the Bitcoin price is required to close the weekly trade above $95,000 and secure the resistance at $96,800 before the end of the month.