The crypto market saw heavy selling after a $1.5 billion liquidation event, but capital has been shifting toward altcoins. MAGACOIN FINANCE is also entering the spotlight alongside Solana and XRP, drawing whale attention as Bitcoin regains strength.
Bitcoin Eyes $250K After Liquidation Shock
Bitcoin was at the center of last week’s chaos when leveraged traders lost over $1.5 billion. The drop to $108,600 rattled many, but whales stepped in quickly. Reports show large-scale accumulation, with Bitcoin ETFs buying over $564 million in a single day, reversing outflows from the prior week.
This activity helped lift the price back above $114,500, calming nerves after the sell-off. Analysts, like Fundstrat’s Tom Lee, remain upbeat, with bold forecasts of Bitcoin reaching $200,000 to $250,000 before year-end.
That optimism is supported by lower interest rates, a seasonal Q4 rally history, and growing institutional inflows through ETFs. While volatility remains high, long-term buyers see the current stage as a chance to position before the next major move.
For many traders, Bitcoin is still the leader, but the best altcoin to buy search is getting louder as capital shifts.
Solana Case as a Best Altcoin to Buy
Crypto analyst Scott Melker recently suggested that Solana could surprise the market in the months ahead. After a quieter summer, the coin has lagged behind Ethereum’s performance, but new factors may set the stage for a rebound.
Melker highlighted Solana’s speed advantages, growing treasury initiatives, and possible ETF approvals. If regulators greenlight Solana ETFs by the October 10 deadline, issuers are expected to launch campaigns that could draw inflows.
Solana has also seen interest from institutions setting up dedicated funds to hold the token, signaling confidence in its longer-term role. Although it has not matched Ethereum’s rally this year, its underdog position may work in its favor if capital rotates into assets with more room to grow. For those looking for the best altcoin to buy, Solana remains one of the key names to watch as it lines up behind Bitcoin’s recovery.
Why XRP Is Back on Traders’ Radar
XRP has been drifting inside a descending channel, prompting some to call it “dead”. Yet, analyst Mikybull noted that this exact setup has historically preceded major rebounds. In fact, during a similar phase in mid-2024, XRP surged after weeks of doubt.
Large investors seem to agree. Blockchain data shows whales bought over 120 million XRP in just three days, committing more than $300 million. Their holdings are now at their highest since August, hinting at renewed confidence.
Adding fuel to the story is the upcoming SEC decision on XRP ETFs, widely expected in October. If approved, inflows could drive the price well beyond $10 before year-end. For buyers seeking the best altcoin to buy, XRP combines whale activity with regulatory anticipation—making it a central play as markets head into Q4.
MAGACOIN FINANCE Joins the Best Altcoin to Buy List
Amid the Bitcoin sell-off, another name has caught the eye of large holders: MAGACOIN FINANCE. With more than 18,000 investors already on board, whales have been steadily accumulating, and its price continues to tick upward almost hourly. Unlike other tokens that dip under pressure, this altcoin has shown relentless demand.
The FOMO around it is spreading fast, as it positions itself not just to match Solana and XRP but to outperform them in percentage gains. In fact, many traders describe it as the best altcoin to buy right now, given the surge in capital flowing toward it. Those who act early could be stepping into one of the most watched breakout stories of the season.
Conclusion: How to Position in This Market
With Bitcoin aiming for $250K, traders are shifting attention toward altcoins that can deliver sharper gains. Solana and XRP are both drawing whales and ETF speculation, but MAGACOIN FINANCE is quickly entering that same conversation.
For anyone looking at the best altcoin to buy, timing matters. Don’t wait until the FOMO has peaked. Visit the official pages to learn more:
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Source: https://thenewscrypto.com/bitcoin-targets-250k-despite-sell-off-pressure-best-altcoins-to-buy-with-sol-and-xrp/
