First Mover Americas: Rotation to Altcoins Has Started With Gensler's Exit Date Set
Summary
Bitcoin (BTC) is nearing $100,000, recently reaching a record of $99,500 before dipping below $99,000. It has increased by 1% in the last 24 hours, while the CoinDesk 20 Index rose over 7%. Altcoins are outperforming BTC, indicating a shift towards riskier tokens. The $100,000 mark is seen as a resistance level where profit-taking may occur. Predictions suggest BTC could reach $115,000 by Christmas due to stablecoin supply growth and ETF inflows. XRP surged 33%, Cardano's ADA rose over 15%, and Solana's SOL hit an all-time high above $260. Charles Schwab plans to offer crypto services, anticipating regulatory changes. Bitwise aims to launch a spot-based Solana ETF in the U.S.
