- Bitcoin price pumped to reclaim the $97,000 price range.
- Ripple’s XRP could be the most bullish altcoin this bull cycle.
- Whales have accumulated 1.09 billion in XRP over the past week, new ATH soon?
In a strong show of strength and resilience Bitcoin price pumped from $95,000 to $97,000 boosting bullish sentiment for the crypto market and community. As a result the Crypto Fear & Greed Index saw a pump in its score which now lies in green 70 marking a ‘Greed’ sentiment. BTC price continues to fluctuate.
Bitcoin Pump Fuels Altseason Anticipation
Expectations for the pioneer crypto asset to hit new ATHs in the New Year of 2025 remains as strong as ever with analysts predicting new ATH to arrive as soon as BTC reclaims its previous ATH at $108,268.45. Once this target is retaken, analysts expect BTC price to move upwards hitting new targets between $115,000 to $235,000.
Similar sentiments extend to altcoins as well. With Q1 of 2025 expected to usher in the peak of the altseason based on repeated historical analytics, analysts are keeping a close eye on several altcoins that could pump parabolically and possibly even set new ATHs. Many Traders seem to be aware of this acute possibility and are heavily accumulating their most bullish altcoins.
Next Pump for XRP Could Lead to New ATH
One such altcoin is Ripple’s XRP. As we can see from the post above, whales have bought 1.09 billion XRP over the past week alone. This is a highly bullish indicator indeed. After all, XRP price has already pumped twice this bull cycle, perhaps the next pump will be even greater. Many anticipate the next pump to set a new ATH for XRP.
The post Whales Have Accumulated 1.09 billion in XRP Over the Past Week, Will the Next Pump Set a New XRP ATH? appeared first on Cryptonewsland.
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