Top Altcoins to Watch as SoftBank and Tether Back $3B Bitcoin Fund and BTC Eyes $100K

2025-04-27
Top Altcoins to Watch as SoftBank and Tether Back $3B Bitcoin Fund and BTC Eyes $100K

As Bitcoin's price continues to consolidate in a tight range, market watchers are eagerly anticipating its next move. 

The possibility of Bitcoin reaching $100,000 is becoming more likely, especially with significant institutional backing, such as the $3 billion Bitcoin fund backed by SoftBank, Tether, and Bitfinex. 

As Bitcoin's price moves towards this key milestone, several altcoins are closely aligned with BTC's performance, poised to rise alongside it. In this article, we explore the altcoins that could ride the wave of Bitcoin's potential rally.

The Impact of the $3B Bitcoin Fund: What It Means for the Market

A major player in the Bitcoin market is stepping in with a hefty investment. Cantor Fitzgerald, along with partners SoftBank, Tether, and Bitfinex, is launching a Bitcoin acquisition vehicle, 21 Capital, which aims to raise $3 billion in Bitcoin investments. 

With $1.5 billion from Tether, $900 million from SoftBank, and $600 million from Bitfinex, this initiative has the potential to fuel Bitcoin’s rally even further, driving it closer to the coveted $100,000 mark.

This investment is not only a show of confidence in Bitcoin's future, but it also signals a broader institutional push into the crypto space. 

As Bitcoin approaches new all-time highs, altcoins are likely to follow suit, with some showing a particularly strong correlation with Bitcoin's price movements. Altcoins like Ethereum, Solana, and Dogecoin have long been considered strong contenders to benefit from Bitcoin’s rise.

Read also: Are Altcoins Back? Doge, Sol, Eth Lead The Charge Amid Bitcoin’s $90k Comeback

Altcoins to Ride Bitcoin’s Bull Run

Bitcoin’s price often acts as the tide that lifts all boats in the cryptocurrency space. As BTC starts to gather momentum towards the $100K mark, several altcoins are poised for significant growth. 

Let’s take a look at the top altcoins to consider before Bitcoin's price revives.

1. Ethereum (ETH) – The King of Smart Contracts

Ethereum has been one of the strongest altcoins during past Bitcoin bull runs, and it is expected to continue this trend. 

With Ethereum 2.0’s ongoing upgrades and its dominance in the decentralized finance (DeFi) and non-fungible token (NFT) markets, ETH is well-positioned for growth. As Bitcoin heads towards $100K, Ethereum’s price could surge above $2,000, making it one of the best altcoins to ride the Bitcoin rally.

2. Solana (SOL) – The Speedy Alternative

Solana has been gaining a lot of attention due to its scalability and speed, making it a favorite for decentralized applications and NFTs. 

Solana has demonstrated strong correlation with Bitcoin in past rallies, and as BTC makes its push towards $100K, Solana’s price could follow suit, potentially reaching new highs. If you’re looking for an altcoin with a solid technological foundation and room for growth, Solana is worth considering.

3. XRP – The Cross-Border Payment Powerhouse

XRP has shown impressive resilience and growth during previous Bitcoin rallies. As a digital asset focused on cross-border payments, XRP stands to benefit from Bitcoin’s upward movement, especially as institutions begin adopting cryptocurrency more widely. 

If XRP can break the critical $2.60 resistance level, it could surge above $3 and beyond, riding Bitcoin’s coattails.

4. Dogecoin (DOGE) – The Meme Coin That Won’t Die

Dogecoin, originally created as a meme, has proven its staying power in the market. During Bitcoin’s previous rallies, Dogecoin has frequently mirrored BTC’s price movements, making it a top contender to benefit from the current bull run. 

Although its price is significantly lower compared to Bitcoin and Ethereum, its popularity, coupled with Bitcoin's growth, could send Dogecoin’s price soaring above $0.25.

5. Litecoin (LTC) – A Bitcoin Alternative

Litecoin is often referred to as the silver to Bitcoin’s gold. It has experienced similar price movements to Bitcoin in past rallies, making it another altcoin to watch as Bitcoin nears $100K. 

Litecoin’s established network, lower transaction fees, and strong community support could propel its price above $200 as Bitcoin approaches new highs.

Read also: List Crypto Whales Buy Altcoins on April 2025 After Market Crash

SoftBank and Tether’s Strategic Moves: Could They Push Bitcoin Above $100K?

The backing from SoftBank, Tether, and Bitfinex in the 21 Capital venture could be the catalyst Bitcoin needs to push through the $100K resistance. 

As institutional investment flows into Bitcoin, altcoins tied to the broader crypto ecosystem, such as Ethereum and Solana, will likely follow. 

This strategic partnership highlights a broader trend of institutional adoption and could lead to a new phase in the cryptocurrency market’s maturation.

What’s Next for Bitcoin and Altcoins?

Bitcoin’s ongoing consolidation could be the calm before the storm. If BTC manages to secure the $95,000 level and hold above it, the stage will be set for the next major leg up towards $100,000. 

This move would likely trigger a surge in altcoins like Ethereum, XRP, Solana, Dogecoin, and Litecoin, all of which are closely following Bitcoin’s price action.

FAQ

What are the best altcoins to ride Bitcoin’s bull run?

The best altcoins to ride Bitcoin’s bull run include Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), and Litecoin (LTC). These altcoins have historically shown strong correlation with Bitcoin’s price movements.

How does SoftBank and Tether’s $3B Bitcoin fund affect the market?

The $3 billion Bitcoin fund backed by SoftBank and Tether, through 21 Capital, could help push Bitcoin towards new all-time highs, which would likely benefit altcoins that are closely linked to Bitcoin's price movements.

What is the potential of Solana in the next Bitcoin bull run?

Solana (SOL) has been gaining traction as a scalable alternative to Ethereum. Given its strong correlation with Bitcoin, it could experience significant price appreciation during the next Bitcoin bull run.

Disclaimer: The content of this article does not constitute financial or investment advice.

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