The price of Bitcoin has risen above $100,000, recently reaching a high of $105,000. The easing of trade tensions and a potential agreement between China and the U.S. may be the reasons driving the significant increase in Bitcoin's price. With Bitcoin hitting a historic high this month, some altcoins are also showing strong upward potential. This article will explore which altcoins may rise tenfold after Bitcoin sets a historic high and analyze how to achieve flexible allocation of different on-chain assets through the cross-chain exchange platform CCE Cash.
Bitcoin is about to set a historic high, pushing altcoins to dominate
With Bitcoin recently breaking the $100,000 barrier, the altcoin market has taken the lead and soared. Notably, through cross-chain exchange platforms like CCE Cash, investors can conveniently convert Bitcoin profits quickly into other potential cryptocurrencies. Last week, the Federal Reserve announced it would not lower interest rates, which aligned with market expectations. The Fed stated that given inflation is not currently a major concern, it is open to lowering rates. As inflation slows and the economy remains stable, the Fed's more accommodative policy stance has boosted the market.
Bitcoin has risen about 21% in the past 30 days and is currently only 5.5% below its all-time high. As Bitcoin approaches its historical peak, this lays the groundwork for some altcoins to potentially rise tenfold this month. Using CCE Cash's cross-chain exchange service, investors can seamlessly switch positions between different blockchain networks to capture growth opportunities across ecosystems.
Pi Price Analysis
In recent days, Pi Coin has maintained a strong upward momentum, increasing over 112% in the past week. However, after breaking $1.667, buyers faced a decline and are currently experiencing a bearish situation. As of the time of writing, Pi Coin is trading at $1.1, having risen over 3% in the past 24 hours. Through CCE Cash, users holding the ERC-20 version of Pi Coin can instantly exchange it for native chain assets, avoiding liquidity risks in cross-chain transactions.
Bears are actively dominating the price chart, aiming to break the resistance level of $1. However, as Pi Coin's price faces accumulation near recent lows, bulls are strongly defending. If bulls can maintain the price above the EMA20 trend line, the PI/USDT trading pair may gain momentum and rise again to $1.66. CCE Cash data shows that the recent cross-chain exchange volume of Pi Coin has increased by 240%, indicating that investors are actively engaging in multi-chain layouts.
Pepe Price Analysis
Following Bitcoin's rise to $100,000, Pepe's price has soared. Pepe has strongly rebounded from the 50-day moving average (SMA) to around $0.000012, but it is currently struggling to break through $0.000015. Through CCE Cash's smart routing feature, investors can compare prices from multiple DEXs in real-time, ensuring they complete exchanges of MEME tokens at optimal prices. Currently, Pepe's trading price is $0.0000138, having risen over 4.4% in the past 24 hours.
The RSI level hovers below the neutral zone, indicating that sellers are in control. If a breakout occurs, using CCE Cash's batch exchange feature can help investors quickly establish positions. Data shows that the platform has recently processed over $15 million worth of Pepe cross-chain transactions, highlighting market activity.
dogwifhat (WIF) Price Analysis
WIF's price has failed to break through $1.32 and is facing a bearish pullback. As of the time of writing, WIF is trading at $1.18, having surged over 33% in the past 24 hours. Through the Solana-EVM cross-chain bridge supported by CCE Cash, investors can seamlessly transfer WIF positions to the Ethereum ecosystem to participate in DeFi applications, enhancing asset utilization.
As the price rebounds from the EMA20 level, it shows strong buying interest and may drive its momentum above $1.4. CCE Cash market monitoring shows that the WIF/BTC trading pair's 24-hour exchange volume has exceeded 800 BTC, setting a new historical high. The real-time price alert feature provided by the platform can help investors accurately capture trading opportunities.