Bitcoin Rises 2% as Altcoins Gain Momentum in June 2025

Generated by AI AgentCoin World
Monday, Jun 16, 2025 10:05 am ET2min read

Recent fluctuations in the cryptocurrency sector have stabilized as the Bitcoin price increased by nearly 2%. Following a concerning doji on June 15th,

was trading around $107K, providing a relief rally for several altcoins. This indicates that investors are not overly concerned about geopolitical tensions between Israel and Iran, as well as ongoing tariff disputes with the U.S.

Investor optimism remains strong, with a short-term target set at $120K in June. As a result, altcoins are gaining momentum, and risk appetite is returning. Many are now asking whether a Bitcoin rise could pull select altcoins higher. This article explores these altcoins and explains why crypto experts could be looking into our top picks for June 2025.

Hyperliquid (HYPE) has shown significant price action in June, giving an asymmetrical triangle breakout and flipping the previous all-time high of $39 to reach $42.50. Many thought the supply was about to be activated, as for 4 days it struggled at its high. Then, a neat intraday breakout appeared with a 12% spike pushing it to a new all-time high of $44.80, fueled by a whale that made over $13 million. The altcoins have become extremely important in the crypto sector lately, as it has become the top DEX among other DEXs and are also giving a tough competition to Binance CEX despite being a DEX. Its utility is driving its users crazy. This love of investors and traders could be seen in HYPE's price action of Q2 so far, which has been parabolic. Similarly, the potential to rally further next week is higher. In a bullish scenario, the price could target the $50 round level. However, profit-taking could prompt bulls to defend key support levels at $39 and $30.

Bitcoin Cash (BCH) has shown that, over the long term, it follows a multi-year trendline of resistance, and in 2025, it retested it in mid-June. In the past, the price lacked the strength to break above the multi-year trendline and faced rejection before, but this time the momentum seems strong. When writing, the BCH price has jumped nearly 17% from an important resistance zone after a liquidity wick from the 50-day EMA band. Where intraday gains were over 9%, which pushed it to $469. If next week it manages to break above this trendline and pushes new gains, then $522 could be the target. Flipping this would be a breakout from a multi-year descending triangle formation, and the breakout could come big. On the other hand, if the breakout fails, the $300 support is expected to absorb the downside once again.

OKB price is near a critical supply level, which strongly aligns with the falling channels' upper border resistance. In this, it has been trading inside for several months. This week, buyers tried but fell short of strength, as bears were strong this week. However, the upper border has been tested several times, and this phenomenon makes the trendline weaker, raising the likelihood of breaking the upper border. If bulls renters and clears the resistance, then next week is crucial to monitor as a break would easily give a target of $60 or $63 in the short term. But if bears become dominant, then the 200-day EMA band support becomes vital, breaching this would shake its foundation. Furthermore, its long-term perspective remains optimistic, as in March 2025 it took support from the lower border of the ascending wedge, and bullish momentum could give higher targets that go up to $100 under bullish conditions.

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