Top 3 Cryptocurrencies to Watch Before Bitcoin’s Halving

The cryptocurrency market witnessed a surge in investor sentiment as Bitcoin (BTC) hit a brand new all-time excessive earlier this week. Furthermore, with BTC’s subsequent halving cycle set to happen in April, we could witness one other surge within the crypto market.

Comply with the Bitcoin halving reside countdown.

With that stated, let’s take a look at three belongings that would surge as a result of BTC’s halving.

Prime 3 cryptocurrencies to look at earlier than Bitcoin’s halving

Ethereum (ETH):

Ethereum (ETH) is the second-largest cryptocurrency by market cap and follows BTC’s bullish trajectory. The asset not too long ago breached the $4000 value level, a degree final seen in late 2021. ETH is at present down by solely 17.2% from its all-time excessive of $4,878.26, which it attained in November 2021.

If BTC continues its bullish outlook, fuelled by its upcoming halving cycle, ETH could reclaim its all-time excessive degree, if not surpass it. Furthermore, there may be quite a lot of discuss a possible spot ETH ETF (Change Traded Fund), which may additional push the asset’s value.

Toncoin (TON):

Toncoin (TON) has additionally seen a big rally over the previous couple of weeks. The cryptocurrency has rallied 14.5% within the day by day charts, 61.6% within the weekly charts, 97.8% within the 14-day charts, and 105.7% over the earlier week. Furthermore, the TON’s value has elevated by practically 81% since March 2023.

TON is at present down by 17.9% from its all-time excessive of $5.29, which it attained in November 2021. The asset could reclaim its all-time excessive if BTC continues its rally.

Solana (SOL):

Solana (SOL) was among the many best-performing cryptocurrencies in 2023, and the asset has continued its bullishness into 2024. SOL is at present down by 41.5% from its all-time excessive of $259.96, which it attained in November 2021, just a few days earlier than BTC hit its peak. There’s a risk that SOL will reclaim its all-time excessive degree fuelled by BTC’s halving in April.