NBA legend Scottie Pippen recently commented on Bitcoin's new all-time high, urging his followers on social media to 'SEND EVERYTHING HIGHER' for major cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Shiba Inu, XRP, Cardano, and Solana.
The crypto market experienced a surge as Bitcoin surpassed $118K and gained 9% in a week, leading to increased optimism and bullish predictions. Traders are closely monitoring for a potential move above $120,000.
Altcoins like Ethereum, Solana, SHIB, AVAX, and HYPE also saw significant gains following Bitcoin's rally, with analysts viewing this as a broader market shift with BTC leading and altcoins following closely.
Crypto experts like former Binance CEO and Cardano co-founder Charles Hoskinson foresee further market growth, with Hoskinson predicting Bitcoin to reach $250,000 and trillions flowing into altcoins. However, Bitcoin critic Peter Schiff suggests selling Bitcoin and buying silver for less risk.