Will Altcoins Revive Or Will Bitcoin Hit $120,000? Analytics Company Shares Its Opinion
Options traders have invested $640 million betting that Bitcoin will reach $120,000 by Dec. 27, but analysts say the chances of such a move are slim.

According to research firm Kaiko, investors can instead focus on altcoins like XRP and Solana, which are poised to be real winners in the current market.

“While the chances of BTC gaining another $15,000 in the next 10 days are slim, that doesn’t mean there won’t be gains in other assets,” Kaiko analysts wrote in a note today.

Smaller cryptocurrencies like Solana, XRP, and Cardano have significantly outperformed Bitcoin and Ethereum this year, with their momentum accelerating further following Donald Trump’s election victory, Kaiko noted.