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    Home»Bitcoin News»Top Altcoins To Buy Now As Bitcoin Price Hits $80K
    August 29, 20260 Views

    Top Altcoins To Buy Now As Bitcoin Price Hits $80K

    EditorBy EditorAugust 29, 20262 Comments2 Mins Read
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    Top Altcoins To Buy Now As Bitcoin Price Hits $80K
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    Bitcoin is holding firm above $80,000, prompting renewed bullish calls from crypto commentators who argue the recent bounce is more than a short-term relief rally. According to an expert, the setup points to further upside rather than a retest of the $58,000 lows some traders had feared.

    Why Bitcoin Is Holding Above $80,000

    • The CLARITY Act vote is scheduled for September 15
    • The Department of Labor is preparing to open the $10 trillion 401k market to crypto exposure
    • An estimated $176.8 trillion currently sits with Registered Investment Advisors who cannot yet access spot crypto, with the SEC having filed to change that
    • Coinbase has introduced Bitcoin-backed mortgages, letting buyers access home financing without selling their holdings
    • The Treasury’s ongoing bond buybacks are seen as capping yields and softening the dollar, a backdrop the host linked to renewed risk appetite
    • Strong earnings from Nvidia and Salesforce added to broader risk-on sentiment in software and tech markets

    The expert set a short-term Bitcoin target of $83,000 to $84,000 in the coming days, framing the run-up to the CLARITY Act vote as a period where he expects continued upward pressure, while acknowledging the vote itself could still trigger a sell-the-news reaction.

    Altcoins Gaining Momentum Alongside Bitcoin

    Several altcoins posted moves during the same session:

    • Hyperliquid hit a new all-time high, with the host maintaining a long-term view that the token trades above $100 eventually
    • Solana traded in the $105 to $107 range, with the network’s validators weighing tokenomics changes aimed at reducing emissions
    • Zcash rose 6%, while Near Protocol gained 5% and Towo climbed 10%
    • Pump.fun held near $0.005, after adding roughly $100 million in total value locked over the past week

    Two Under-the-Radar Names the Host Is Watching

    Beyond the majors, the analyst pointed to two smaller tokens showing strength after steep earlier drawdowns:

    • Lighter (LIT), which he said he opened a long position on at $3.35, was trading at $3.64, up 36% over the week
    • Bittensor (TAO) climbed from around $190 to $252 after falling as low as $190 roughly ten days earlier
    • He also said that Near Protocol could be the next AI token to run.

    Source: cryptonews.net

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    Altcoins Bitcoin Hits Price
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