Bitcoin has surged past the $88,000 mark, yet altcoins have not followed with a major breakout. However, crypto analyst Rekt Capital suggests that the altcoin market may be showing early signs of a rally. If its market capitalization moves toward $315 billion, it could pave the way for the long-anticipated altcoin season.
Altcoins Recover After a Sharp Drop
Altcoins are starting to show strength after successfully retesting an important support level. Earlier this year, the altcoin market saw a steep 55% decline from its peak. Since then, it has regained momentum, bouncing back from key support zones.
Rekt Capital’s analysis shows that the market has rebounded from a macro wedge pattern and is now testing the $250 billion level. This level has historically played a key role in shaping price trends, making it a crucial point to watch.
In previous cycles, similar setups have led to significant price increases, which makes the current movement particularly important for investors. If the market can stay above $250 billion, the next major target would be $315 billion, a level that has acted as strong resistance in the past.
Is Altcoin Season Finally Coming?
According to Blockchain Center, last year saw brief altcoin rallies, but none lasted long enough to be considered a full altcoin season. Typically, an altcoin season occurs when 75% of the top 50 altcoins outperform Bitcoin over a 90-day period, usually following a Bitcoin surge.
Blockchain Center’s Altseason Index recorded short bullish runs in January, March, and December 2024, but they were too brief to mark a true altcoin season. Unlike previous cycles from 2015-2018 and 2019-2022, the current 2023-2025 cycle has yet to produce a clear shift in favor of altcoins.
As of now, the Altcoin Season Index stands at 20, indicating that Bitcoin remains dominant. This suggests that altcoin season may still be some time away, but investors are closely watching for signs of change.
Guess we’ll just have to keep our eyes glued to those numbers, and see if the altcoins decide to finally throw their own party
FAQs
What are the top 3 altcoins?
The top 3 altcoins by market cap are usually Ethereum (ETH), Binance Coin (BNB), and Solana (SOL), but rankings can change based on market trends.
When will the next altcoin season start?
Altcoin season may start if the market cap reaches $315B, as per analyst Rekt Capital. Current trends suggest Bitcoin still dominates the market.
Bitcoin (BTC) surged to a local high of $95,400 on Tuesday April 29, as BlackRock’s iShares Bitcoin Trust (IBIT) recorded a historic $1 billion in daily net inflows. This marks the largest single-day inflow since the ETF’s January launch and reflects unprecedented demand from institutional investors.
Bitcoin price action | Coingecko
According to data from Coingecko, BTC’s current market capitalization stands just under $1.9 trillion, with many analysts forecasting a breakout past the $2 trillion mark in Q2 if momentum persists.
Bitcoin price action | Coingecko
The inflow into IBIT signals growing investor confidence in Bitcoin’s long-term role as a macro hedge and alternative asset.
Notably, Geoff Kendrick of Standard Chartered reiterated also his $120,000 BTC forecast by Q2 2025, citing expanding institutional adoption and macroeconomic fragility as key drivers. In the long term, he sees the $140,000 mark as attainable if liquidity conditions improve.
BlackRock’s outsized role in institutional onboarding has helped BTC become a core portfolio component across global asset managers. As fund inflows build, market watchers expect more upward pressure on prices heading into the summer.
BTC institutional demand coincides with weak labor data
The crypto market’s bullish tilt aligns with deteriorating macro indicators that could open the door for a potential Fed rate cut. On April 29, the U.S. Labor Department reported that March job openings fell to 7.2 million—well below the expected 7.5 million. This marks one of the lowest readings since 2021.
United States Job Openings (JOLTs) data, April 29 2025 | Source: TradingEconomics
Simultaneously, the Conference Board’s consumer confidence index dropped for the fifth straight month, hitting its lowest level since January 2021. Historically, such weak US labor data often triggers Fed to intervene with expansionary monetary policies, which tend to favor risk-on assets like Bitcoin.
This pattern could repeat the increased money supply could propel Bitcoin price towards $120,000 as Standard Chartered analyst Geoff Kendrick predicts.
Looking ahead: What’s next for Bitcoin price in Q2 2025
BlackRock’s $1 billion IBIT inflow on Monday may be the clearest signal yet that Bitcoin is maturing into a global institutional asset.
Coupled with weakening U.S. macro data, BTC price could be on the verge a breakout towards the $2 trillion market cap milestone.
With BTC price already trading above $94,000, it needs only a modest 5–6% push to reach the $2 trillion market cap milestone.
Should corporate invest continue pouring capital into Bitcoin ETFs in anticipation of dovish Fed, Bitcoin price is likely to cross the $2 trillion market cap in the coming weeks.
While regulatory risks, and trade policy shocks still remain active, the unusual corporate inflows suggest’s Bitcoin next all-time high breakout could already be underway.
Bitcoin price is consolidating near $94,200 at press time after testing weekly highs at $95,500 following BlackRock’s $1 billion ETF inflow.
Technical indicators on the Bitcoin price forecast shows the upper Bollinger Band at $98,554, acting as short-term resistance.
With BTC price holding well above the midline ($88,979), it reinforces a bullish narrative.
Bitcoin price forecast | Source: TradingView
Beyond that, the Relative Strength Index (RSI) at 65.59 suggests bullish momentum without veering into overbought territory, giving BTC room to push higher. A
decisive close above $95,000 could propel price toward $98,500 in the coming sessions, particularly if institutional inflows persist. Conversely, a break below the midline of the Bollinger Band could open a reversion toward $79,400, the lower band.
Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up.
But what are the best crypto to buy? This article reviews five promising projects that could have 100x potential this year.
Solaxy
Solaxy is building the first-ever Solana layer 2 blockchain. Using off-chain computation and transaction bundling technology, the project will eradicate Solana’s congestion issue.
It’s a huge leap forward for the Solana ecosystem, making it cheaper, faster, and more reliable. This will open Solana to new users and use cases, potentially creating billions of dollars in new value.
And right now, SOLX is undergoing a presale. It’s a way for investors to join from the start. The presale has raised $25.7 million so far. It’s currently priced at $0.001658, but this will rise throughout the campaign.
Solaxy is at a rare juncture right now. Not only is it opening Solana to new possibilities, but it’s also available to buy from the ground floor. For SOLX presale participants, this setup could give 100x gains.
MIND Of Pepe
MIND Of Pepe is a new Pepe-themed AI agent that aims to make its holders money. The agent has a wide range of abilities, including trend analysis, launching tokens, interacting with dApps, and even writing social media posts.
It covers all angles, from identifying trading opportunities to creating them and then shaping social discourse around them.
But its bread-and-butter is trend analysis. MIND Of Pepe will consolidate social media and on-chain data into actionable insights to predict future trends, helping MIND holders know what to buy and when.
Moreover, it can also fill gaps in the market by launching its own tokens. Again, MIND holders will have first access, providing them with the best entry prices.
The project is undergoing a presale and has raised $7.2 million so far.
As MIND Of Pepe seeks to make its community more profitable, the project is positioned to amass significant adoption, which could make the MIND presale a highly lucrative opportunity for traders.
Mantra
Bitcoin, Ethereum, and XRP are all down today, as are many smaller altcoins. However, Mantra continues to push ahead in what’s becoming a running theme throughout the past year.
While the total crypto market cap is down 3.8% in the past 24 hours, Mantra is up 2.5% in the same window. It’s clear that investors see real value in the Mantra use case.
The reason is that Mantra is a real-world assets-focused layer 1 blockchain, providing a regulatory-adherent environment for institutions to tokenize their assets.
It’s a use case that veers outside the walled garden of normal crypto use cases and penetrates the traditional financial system. And it isn’t just today that Mantra has outperformed the market. Its price has surged by 2,000% in the past year.
Mantra has a $6 billion market cap, so it’s unlikely to give 100x gains this year. However, given its immense strength and focus on institutional adoption, there’s every chance it will become a top-five cryptocurrency and potentially rival XRP and Ethereum in the coming years.
Hedera
Hedera offers an alternative to traditional blockchain platforms with its Hashgraph distributed ledger technology. Unlike conventional blockchain systems, Hedera’s architecture provides improved efficiency in several key metrics.
The platform processes transactions with fees of approximately $0.0001 USD and confirmation times under five seconds. Hedera’s network can handle more than 10,000 transactions per second, which compares favorably to the 5-20 TPS typical of many proof-of-work blockchains.
HBAR, the network’s utility token, experienced significant price movement in late November 2024, rising from $0.04 to $0.37 before settling at around $0.20. This price activity reflects growing market awareness of the platform’s capabilities, with the recent downturn being attributed to the general crypto market.
According to crypto analysts at More Crypto Online, HBAR is looking for downturn confirmation between $0.09 and $0.016. However, its mid-term outlook is extremely positive, with potential targets at $0.4 and $0.6.
With a governance structure managed by the Hedera Governing Council and features designed to support enterprise applications, Hedera aims to address practical business needs while maintaining security and decentralization principles. As organizations continue to explore blockchain alternatives, Hedera’s focus on performance and regulatory compatibility may position it for increased adoption.
BTC Bull Token
BTC Bull Token is a Bitcoin-themed meme coin that pays its holders Bitcoin rewards. The idea is to increase Bitcoin ownership among meme coin fans and offset some of the volatility of meme coin investing through airdrops.
Users will receive free BTC and BTCBULL airdrops at key milestones on Bitcoin’s journey to $1 million. At the same time, Bitcoin-related cryptos tend to track Bitcoin’s price, so we can also expect the BTCBULL price to grow as Bitcoin rises.
Users also earn even more via the project’s staking mechanism, which is live now and offering a 123% APY.
BTC Bull Token also has a burn mechanism, which destroys a portion of the total supply at key price milestones.
The project is available to buy via an ongoing presale, which has raised $3.4 million so far.
With Bitcoin rewards at its core and multiple other community reward initiatives, meme coin fans are scrambling to buy BTCBULL. This positions it for significant growth in the coming months.
The post Best Crypto to Buy: Top Cryptocurrencies to Turn $100 Into $10,000 appeared first on Coinpedia Fintech News
Bitcoin is testing range lows, and Ethereum has tapped its lowest price since November 2023 today – so it’s a huge opportunity for traders to secure discounted prices before the next leg up. But what are the best crypto to buy? This article reviews five promising projects that could have 100x potential this year. Solaxy …
Solana price has climbed 10% in the last 24 hours as market sentiment turns positive. The surge follows a broader crypto market rebound and a bullish Federal Reserve policy update. Traders are now eyeing further gains as the first Solana ETF prepares to launch tomorrow, potentially driving additional momentum for the asset.
Solana Price Rises 10% Awaiting Tomorrow’s SOL ETF U.S. Launch
Solana price increased 10% as traders anticipate the first-ever Solana futures ETFs launching in the U.S. on Thursday. Volatility Shares will introduce these ETFs on Nasdaq, allowing more institutional participation in the Solana market.
This development has fueled strong buying activity, signaling optimism among traders ahead of the launch. The ETFs will track Solana futures, marking a significant step for crypto investment products in the U.S. market.
With heightened interest, analysts speculate on whether this launch could drive a bullish trend for Solana. Investors remain watchful as the market prepares for a new phase in Solana trading.
ICYMI: Solana $SOL ETFs are set to launch in the US tomorrow!
Will the Bullish Momentum Continue for Solana Price?
The latest Solana price has surged over the past 24 hours, showing notable upward momentum.
The SOL price is currently hovering around $133, reflecting a 10% increase following the crypto market recovery. The BTC price is trading above $85k, while ETH hovers above $2k, fueling the surge.
The top altcoin has been trending upwards in a clear channel, aiming for key resistance near the $140 mark.
Technical indicators confirm this positive momentum. The Moving Average Convergence Divergence (MACD) shows bullish signals, with the MACD line at 0.98, surpassing the signal line of 0.48.
This suggests strong buying interest. Moreover, the Chaikin Money Flow (CMF) stands at 0.21, indicating a positive capital flow into SOL.
The first target for Solana price prediction would be around $140, which aligns with the recent resistance level. A successful breakout above this level could see the price rise towards $150, a significant psychological resistance zone. If the bullish trend continues, the next target could be $160.
If the price faces significant downward pressure and breaks below $130, the next support level to monitor is around $120.
Final thoughts, the recent Solana price surge, combined with the anticipation of the first ever ETF launch, suggests a bullish outlook. Traders remain optimistic as they watch for continued momentum. The coming days will reveal whether the rally can maintain its strength and push Solana to new highs.
ICYMI: Solana 