The post If Bitcoin Stays Above $60K, These Altcoins Will Drive Above 30% Gains.  appeared on BitcoinEthereumNews.com.

While Bitcoin(BTC) hovers near the bottom of $60K, holding above this would trigger the market and some potential altcoins may react parallelly.  The world’s biggest cryptocurrency Bitcoin is struggling to stay above $60K due to diverted global market attention, ETF outflows, and negative fundamentals.  With the ongoing arrest of Telegram CEO Pavel Durov, Ethereum (ETH) price is fighting near $2500, and Solana(SOL) is in the downtrend with -10% growth in 7 days.  If Bitcoin manages to push and stay above $60,000 the market conditions will turn faces and among all that could perform well, few of them show good potential to do so.  Mantra, Kaspa, Ton, Brett, Tron Mantra (OM)  Mantra, one of the top coins in the RWA domain looks potential asset for surge. OM registered an all-time high in July 2024, following a downtrend and breakout from downward resistance on 23 August.  At press time OM price is $0.937 with 2.49% growth in 24 hrs, however, the coin is still 7.69% down in the last 7 days.  OM/USDT chart shows the asset performance after the breakout, not reversing to the zone shows bulls resitsted above $0.87 support.  The RSI at 52 is in the neutral zone and CMF, the money flow indicator is in negative shows a negative impact still exists. If the trend persists and bulls hold above $0.87, OM is expected to surge $1.  Kaspa (KAS)  The Bitcoin-like Proof Of Work (PoW)  blockchain coin Kaspa is a good asset to look up to. KAS Price at the time of writing is $0.1678 with 1.23% gains in the last 24hrs.  Kaspa after the reversal of the 5th August dip is moving between $0.15 to $0.17 in an upward channel pattern. Additionally, the MFI ( Money flow index) that reads the flow of liquidity in an asset has…

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Filed under: News - @ August 31, 2024 8:14 am