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PANews reported on July 16 that Dennis Liu, general partner of Momentum 6, said that after Bitcoin broke through $123,000, altcoins may usher in a 1-2 month window for catch-upPANews reported on July 16 that Dennis Liu, general partner of Momentum 6, said that after Bitcoin broke through $123,000, altcoins may usher in a 1-2 month window for catch-up

Momentum 6 Partners: Altcoins may usher in a strong cycle of 1 to 2 months, and Bitcoin is expected to exceed $150,000

2025/07/16 15:32

PANews reported on July 16 that Dennis Liu, general partner of Momentum 6, said that after Bitcoin broke through $123,000, altcoins may usher in a 1-2 month window for catch-up gains. In addition, he said that Bitcoin is expected to hit the $150,000 mark.

He reviewed Bitcoin's performance after several key breakthroughs in the past, such as the rise from 30,000 to 44,000, 455,000 to 71,000, and from 71,000 to 105,000 after Trump's victory. After each big rise, altcoins usually have a chance to rise rapidly for 3 to 5 weeks.

Currently, payment tokens such as XRP, XLM, HBAR, etc. have begun to rise, while large-cap currencies such as BNB, LINK, ADA are still at a low level and may become the next target of capital rotation. In addition, Solana ecology and emerging projects such as SUI and APTOS are also worth paying attention to.

He reminded investors to focus on blue-chip coins and coins that have not yet been launched, and to be cautious and avoid blindly chasing the rise or being greedy. It is expected that if Bitcoin reaches $150,000, the top 20 coins by market value may collectively rise.

Related reading: Historical signals reappear: After Bitcoin reaches $120,000, how will the rotation script of altcoins unfold?

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The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets. The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures

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