The post Bitcoin Price Surges Above $90K, Whale Transactions Spike For These Top Altcoins appeared on BitcoinEthereumNews.com.

Bitcoin Price is back in the headlines after jumping past $90 000, and the move is pulling smart‑money attention toward several Top Altcoins. On‑chain data show whale wallets shifting capital into Bitcoin (BTC) itself, AI‑focused Bittensor (TAO), and Polygon’s new POL token—while a PayFi presale called Remittix (RTX) races toward a sell‑out at $0.0734. Below, we look at what’s driving each asset and why analysts say RTX could steal the spotlight from today’s Top Altcoins. Bitcoin Price Hits $90K: Short Squeeze Fuels Fresh Momentum BTC at over $90k. Source: CoinGecko The Bitcoin Price now hovers near $90 877 after climbing more than 5 % in five days. A negative perpetual funding rate signals that short sellers are paying longs, setting up a potential squeeze that could push the Bitcoin Price even higher.  Monday also logged a $380 million inflow into U.S. spot‑BTC ETFs—the biggest single‑day haul since January—showing renewed institutional demand. Traders note that while BTC is still down 5 % for the year, it has clawed back from April’s 30 % drawdown, underlining its resilience compared with equities. Large inflows plus pressured shorts create a backdrop that often spills into the Top Altcoins next. TAO: AI‑Powered Upstart Joins the Top Altcoins Whale Ledger TAO at around $342. Source: CoinGecko TAO trades around $342.10, and whale chatter on X erupted after Digital Currency Group founder Barry Silbert defended the project against “scam” claims. TAO’s capped 21‑million supply, Bitcoin‑style halving, and the $8 million Grayscale Bittensor Trust have put it on many “new Top Altcoins” watchlists. Critics highlight its wild swings—from two $700 peaks in 2024 down to $200—yet whale inflows hint at renewed conviction. If Bittensor’s peer‑to‑peer AI marketplace gains users, TAO could ride the same narrative wave that once powered the Bitcoin Price surge in early cycles. POL: Polygon’s…

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Filed under: News - @ April 23, 2025 8:22 am