The cryptocurrency market has been experiencing a lackluster performance recently, with Bitcoin (BTC) reclaiming the $81,000 mark after briefly falling to $79,000 earlier this week. The global crypto market cap has dipped by 0.7% in the last 24 hours to $2.74 trillion, according to data from Watcher Guru.
Despite the market’s current consolidation, Bitcoin has shown a 1.7% gain in the daily charts, leading many other significant assets to follow its trajectory. This could indicate that the market is gearing up to regain its lost traction after facing considerable hurdles in 2025.
One of the factors contributing to the market’s uncertainty is the pro-crypto leadership in the White House, with the US recently announcing a Bitcoin reserve and digital asset stockpile. However, investor sentiment remains low due to tensions surrounding global trade wars and challenging macroeconomic conditions.
In light of these developments, Watcher Guru has identified three cryptocurrencies that could potentially hit new peaks after the current dip is over:
1. Bitcoin (BTC): Despite being down by 25.1% since its all-time high of $108,786 in January, CoinCodex predicts that BTC could rise to a new peak of $158,478 on June 8.
2. Binance Coin (BNB): Binance’s BNB coin reached an all-time high of $788.84 in December 2024 but has since dipped by 30%. CoinCodex suggests that BNB could hit a new peak of $1230.25 on May 11.
3. Ripple (XRP): Ripple’s XRP token broke the $3 mark for the first time in nearly seven years earlier this year, reaching an all-time high of $3.40 in January 2018. CoinCodex projects that XRP could rise to a new high of $4.12 on April 15.
Overall, the cryptocurrency market may be on the verge of a rally, with these three coins potentially leading the way to new peaks. Investors will be closely watching for any signs of positive movement in the market in the coming weeks.