Bitcoin just broke a new record, touching $126,210, and it’s shifting how analysts view the next phase of the crypto market. Cardano and. MAGACOIN FINANCE are now being called one of the hidden gems set to benefit as traders look beyond Bitcoin.
Bitcoin Breaks $126K and Sets the Tone for Altcoins
Bitcoin has surged 2% in the last 24 hours to a new all-time high of $126,210, extending its 7-day rise by almost 9%. The rally comes amid a wave of institutional buying and renewed optimism following the SEC’s latest approval for in-kind ETF redemptions, a move that improves liquidity and lowers transaction costs.
On October 7, 2025, U.S. spot Bitcoin ETFs logged $617 million in net daily inflows. Total assets under management across all crypto investment products hit a record $254 billion. Bitcoin products alone attracted $3.55 billion in weekly inflows, the highest on record.
BlackRock’s IBIT ETF continues to lead the charge, nearing $100 billion in assets and generating over $244 million annually. Standard Chartered still maintains a $200K price target for Bitcoin, suggesting further upside as institutional investors pour in.
Meanwhile, a weaker U.S. dollar and new highs in gold and equities are reinforcing confidence that crypto remains a viable hedge. With Bitcoin dominance rising above 58%, traders are now eyeing where the next breakout could occur, and that’s where altcoins like MAGACOIN FINANCE come into play.
MAGACOIN FINANCE Gains Attention as Next Altcoin Pick
Analysts are calling MAGACOIN FINANCE the next altcoin to watch as Bitcoin cools off from its rally. The project boasts real DeFi use, giving it both reach and purpose. Experts say its early-stage status and agile structure could help it move faster than older assets like ADA once Bitcoin steadies.
Some see it as a smart diversification option as traders position for the next wave toward $200K BTC. The coin’s early traction and growing community make it a candidate for outsized returns, with projections hinting at up to 15x growth as fresh capital rotates from Bitcoin into new plays.
Curiosity around MAGACOIN is rising fast, with analysts framing it as a pick for those who want exposure to the “next leg” of the market cycle before mainstream attention catches up.
Cardano Developer Predicts Surprise ADA Rally
Cardano (ADA) has also been performing great in the past few days, surging 4% over the past day. But developers and community figures say this is only the calm before a move higher.
Cardano developer Invited Phil believes ADA will “surprise a lot of people” before this market cycle ends, adding that it could outperform many expectations by December 2025.
Influencer Austin Arnold from Altcoin Daily has publicly called a $2 ADA price “obvious”. At the same time, others, including AI prediction model Deepseek, have shared higher targets near $7.
The community remains upbeat, with 88% of Cardano followers staying bullish on near-term prospects. Founder Charles Hoskinson has even predicted a “gigachad bull run,” driven by new U.S. legislation such as the GENIUS Act and the upcoming CLARITY Act, which could unlock more capital from traditional markets.
For now, ADA’s price hovers under $0.80, but confidence in its future remains steady as traders search for undervalued altcoins that could mirror Bitcoin’s explosive momentum.
How Traders Can Position Themselves Now
Bitcoin’s rise above $126K signals the start of a new wave across crypto. The next phase could favor newer, agile altcoins like MAGACOIN FINANCE and established ones like Cardano, as capital rotates from Bitcoin’s peak toward fresh opportunities.
For those looking to position early, visiting the official MAGACOIN FINANCE website now could be the move before the next major leg higher:
- Website: https://magacoinfinance.com
- X: https://x.com/magacoinfinance
- Telegram: https://t.me/magacoinfinance
