There are growing signs that Bitcoin (BTC) could soon hit $70,000, supported by technical market data and prediction markets. Inflows into U.S. Bitcoin ETFs remain strong, recording a massive $458.5 million during Wednesday’s trading session. Demand for Bitcoin is picking up again after a relatively quiet period since May.

Last week, Bitcoin recorded a monthly gain of 177,000 BTC, following a 5% price increase. As this trend develops, Bitcoin’s price action could affect the broader market, causing altcoins to also rise. Investors are increasingly focusing on the top cryptocurrencies to invest in right now. This trend highlights potential opportunities in the market as attention turns to promising altcoins for investment.

The best cryptocurrencies to invest in right now

ABOUT

The Sui token has been in the spotlight recently due to several key developments in its ecosystem. Its growth and community engagement have been significant, reflecting growing interest from investors and developers. One of the major highlights is Sui’s recent partnership with Scallop, which aims to accelerate the development of decentralized finance (DeFi) in the Sui ecosystem.

The partnership strengthens Scallop's position as an important DeFi protocol on the Sui network. The Sui Foundation's strategic investment is expected to accelerate the launch of new features for Scallop and improve the overall DeFi experience for users. The move highlights the two companies' commitment to innovation in the DeFi space and heralds potential advances in user accessibility and functionality.

This development comes as Sui surpasses $1 billion in total value locked (TVL) in DeFi protocols, providing an excellent opportunity to add stablecoin liquidity. The presence of USDC could further boost Sui’s growth, strengthening its role in decentralized finance and the broader Web3 landscape.

Meanwhile, Sui has become an emerging player in the Layer-1 blockchain space. Despite the overall market volatility, SUI has achieved an impressive 9.49% growth over the past week and a massive 70.62% growth over the past 30 days. As its ecosystem continues to expand and user experience improves, its potential to shape the future of the decentralized web seems enormous.

FLOKES

FLOKI has experienced significant price volatility in the cryptocurrency market recently. Over the past week, its value has increased by 5.19%, while over the past month, its value has increased by 16.73%. Even over the longer term, FLOKI has maintained modest gains, growing 0.31% over the past six months.​

At the time of writing, the coin is trading in a range of $0.0001396 to $0.0001539. This upward trend indicates increased attention from traders and investors. From a technical perspective, the indicators offer a mixed view of the coin’s status.

The relative strength index (RSI) is at 49.92, indicating neutral sentiment—neither overbought nor oversold. Meanwhile, the simple moving average (SMA) is well above the 200-day SMA at 423.54%. This indicator (the 200-day SMA is currently at $0.00002696) suggests a long-term bullish trend.

Despite these positive signs, FLOKI still faces short-term volatility. As of the latest data, it is trading at around $0.0001406, down 6.31% in the past 24 hours. This drop highlights the potential for short-term volatility, even amid an overall bullish trend.

HNT

Helium (HNT) is a blockchain-based network that provides wireless coverage for Internet of Things (IoT) devices. It allows individuals and businesses to contribute to the network by setting up hotspots (small devices that create wireless coverage). In turn, these users are rewarded in cryptocurrency for their participation.

Helium recently partnered with the Telecom Infra Project (TIP), a project dedicated to improving telecommunications infrastructure through open source solutions. This collaboration has greatly boosted Helium’s growth. By integrating TIP’s OpenWiFi platform, the network has added 16,000 OpenWiFi-based radios in one year, demonstrating how quickly the project can scale.

In terms of performance, Helium’s price is currently trading at $5.789 with a 24-hour trading volume of $19.66 million and a market cap of $1.03 billion. Helium is trading 167.64% above its 200-day simple moving average, which suggests a strong uptrend in recent months.

Furthermore, according to market forecasts, the price of Helium is expected to rise by 24.66% to around $7.56 by November. While this suggests continued growth, it is worth noting that the cryptocurrency market can be volatile and future performance will depend on broader market conditions.

CRO

Cronos (CRO) is gaining traction thanks to the continued expansion of the Cronos Chain ecosystem and growing integration within Crypto.com services. The platform is primarily focused on supporting payments, trading, and financial services within Crypto.com. By enhancing its utility, Cronos aims to provide a more seamless blockchain experience for its users.

A notable feature is its cross-chain interoperability, allowing developers to create decentralized applications (dApps) that run across different blockchain networks. As of now, the CRO token is trading at $0.0776, reflecting a rise of 2.95% over the past week. The coin has experienced 15 green days in the past 30 days, indicating steady, albeit modest, growth.

Additionally, Crypto.com continues to integrate CRO into its platform, which could spur demand and impact its value over time. However, how this will affect long-term adoption and price stability remains to be seen.