Bitcoin (BTC) rally is starting the Altcoin bull! According to analysts, these Altcoins will benefit the most!

Bitcoin (BTC) on the evening of June 9, made a significant attack, reaching levels of 118 thousand dollars from levels of 109 thousand dollars.

As Bitcoin has been breaking records for the past two days, boosting optimism in the market, altcoins such as Ethereum (ETH), XRP, and Solana (SOL)*** have also started to move and achieved significant gains.

At this point, while the rally in BTC is expected to initiate an altcoin rally, analysts have revealed their current forecasts.

Speaking to Coindesk, Presto Research analyst Rick Maeda stated that Bitcoin reaching new records will increase optimism in the market and trigger new capital inflows.

The analyst, referring to historical data, stated that Bitcoin’s new peaks have provided liquidity to the market and facilitated the flow into large-cap altcoins. At this point, the analyst predicted that the biggest benefits would be seen by major altcoins such as Ethereum, Solana, and XRP.

"The rise of Bitcoin to new peaks triggers capital flow into the broader cryptocurrency ecosystem. With new liquidity, retail investor interest increases, and there is a rebalancing in institutional portfolios.

As a result, renewed retail enthusiasm and institutional portfolio changes may lead capital to flow into ETH, SOL, and XRP.

What is the Situation on Ethereum and Solana?

BTSE COO Jeff Mei stated that Ethereum, which has made a significant leap in the recent surge, has benefited from increasing ETF inflows and renewed institutional interest.

Mei, who expects the rise to continue, said, “ETH may soon regain 3,200 dollars. SOL is also in a good position to revisit the 200 level”.

Finally, LVRG Research analyst Nick Ruck stated, “Altcoins are waiting in line for a rally following Bitcoin’s surge. With regulators easing pressure on crypto brokers and the acceleration of ETF momentum, a strong environment is forming for the continuation of upward movement.”