XRP, Cardano (ADA), Solana (SOL) outperform Bitcoin (BTC) price as SEC Chairman Gary Gensler sets end date.

Bitcoin is getting closer $100,000 markBut that momentum has slowed. On Thursday, it set another record at $99,500 before falling below $99,000 ahead of the US Open. BTC is up 1% over the past 24 hours, while the broader market’s CoinDesk 20 index is up more than 7%. Most alternative cryptocurrencies (altcoins) in CD20 outperformed BTC. This is an early sign of capital circulating into smaller, riskier tokens as Bitcoin’s pace plateaus. The $100,000 price range represents a significant resistance level where investors can profit from their investments. Nonetheless, 10x Research said in a Friday note that BTC is likely to rise to $115,000 by Christmas, driven by expanding stablecoin supply, ETF inflows and bullish options positioning on the BlackRock Spot BTC ETF (IBIT).