Here's What's Next for Bitcoin, Ethereum, Solana and One Gaming Altcoin, According to Top Crypto Trader

Widely followed analyst Justin Bennett is weighing in on several top crypto assets as the markets finish the week on a high note. In the latest edition of the trader's Cryptocademy newsletter, Bennett identifies $24,200 as being a crucial make-or-break level for Bitcoin (BTC).

Timeline of Bitcoin, Ethereum, Solana

The last couple of days have been extremely bullish for the crypto space, especially for the second largest cryptocurrency, Ethereum price. The lead altcoin has gained 6% in the last 24hrs and is now trading at $2,000. In May, Ethereum had dropped extensively along with Bitcoin and the other assets.

Trends that will shape the future of Bitcoin mining are not all that hard to predict, as the signs of what's to come have been all around us. The problem is, we never stop to look at them, and understand their significance for what is to come.

On Saturday (August 13), the price of $ETH, the native token of Ethereum, went above the $2,000 level for the first time since June 1. According to data by TradingView, on crypto exchange Binance, the $ETH price hit $2,006.36 at 4:24 a.m. UTC on August 13. By 6:19 a.m. UTC, the $ETH price reached $2019.

The Solana price analysis reveals that the bullish rally seems to be getting stronger as the cryptocurrency achieved another target in the past 24 hours. The bulls have been covering a high range for the past week, as the buying activity reached its peak today as the coin has marked a higher high at $47.6.

The market sentiments are coiling up ever since the final testnet Goerli went live without any major technical complications. Therefore raising the expectations of a smooth Ethereum Mainnet Merger on September 19, in the absence of any major flaws.

Ethereum (ETH) is leaving crypto exchanges at a rapid rate this week, while Bitcoin (BTC) is moving in the opposition direction, according to Lucas Outumuro, the head of research at analytics firm IntoTheBlock.

The world's largest cryptocurrency Bitcoin (BTC) has delivered a strong price pump moving closer to $25,000. As of press time, BTC is trading 3% up at a price of $24,678 with a market cap of $472 billion.

The world's second-largest cryptocurrency Ethereum (ETH) has shot up another 5% in the last 24 hours hitting $2,000 levels for the first time since May 2022. The Ether (ETH) price has been rallying hard since the beginning of July and has gained nearly 100% over the last 40 days.

Cryptocurrency has given us an option to transfer money safely, quickly, and without excessive verification. It's safe to say that banks are somewhat obsolete in this aspect to those who prefer to perform financial transactions through blockchain technology.

Solana price has attempted to revisit the $44 price mark again and it is a matter of time till the coin displays its next move. Over the last week the coin rose by 14% and in the past one day there has been a close to 3% increase in market value.