Bitcoin is sliding, currently at around $62,500 with a modest +0.5% gain over the past 24 hours. While BTC struggles, some altcoin ETFs are thriving. With this sideways price action, investors are looking elsewhere for the best crypto to buy right now.
Despite spot BTC funds losing over $226M last week, XRP ETFs saw $10.66M in net inflows, bringing total net inflows to an all-time high of $1.45Bn.
🚨 BREAKING:
BLACKROCK JUST STARTED DUMPING BITCOIN AHEAD OF THE U.S. MARKET OPEN
THEY ARE SELLING MILLIONS OF $BTC AND $ETH EVERY FEW MINUTES
THIS IS EXTREMELY BAD FOR THE MARKETS… pic.twitter.com/t9k1ZglU6a
— ᴛʀᴀᴄᴇʀ (@DeFiTracer) June 24, 2026
The Hyperliquid (HYPE) ETFs recorded six weeks of net inflows, totaling nearly $185M, while Solana ETFs gained over $7M. In contrast, spot BTC and ETH ETFs lost roughly $5Bn during the same period.
As macro headwinds grow, the sustainability of this altcoin ETF strength remains uncertain. Traders see BTC’s current structure as corrective consolidation, but macro conditions could change everything.
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Can Bitcoin Recover to $65,000 Before the Next Macro Catalyst?
There will be no bounce.
After yesterday’s dump, price started consolidating, which often comes before a larger move in either direction.
At the same time, spot selling has increased drastically while perps are still leaning long and holding the market up.
In my… pic.twitter.com/n2GY2CgX5y
— CGT Trader (@CGT_Trader) June 24, 2026
Bitcoin is trading around $62,400–$62,600 depending on the exchange, down roughly -4.8% on the week. The short-term structure reads bearish: price was rejected cleanly above the $65,000–$66,000 resistance band and has since drifted lower without a convincing bounce.
The line in the sand is $60,000. Market commentators consistently flag that level as the make-or-break zone for the broader bullish thesis built up since earlier in the year. A daily close below $60k opens room toward lower support bands that haven’t been tested since the spring lows.
Three scenarios from here:
- Bull case: BTC reclaims $65,000 on a catalyst, a positive Fed signal or fresh institutional ETF bid, and the correction is declared over.
- Base case: Price grinds sideways between $60,000 and $65,000 through the next data release, frustrating both bulls and bears equally.
- Invalidation: A sustained close below $60,000 shifts the conversation from “healthy correction” to something more structurally concerning, likely triggering further weakness in altcoins.
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Best Crypto to Buy: Bitcoin Hyper Targets Early Mover Upside as BTC Tests Key Support
Buying BTC near resistance after a -4.8% weekly drop is one trade. Finding exposure to Bitcoin’s infrastructure layer before the market prices it in is a different one entirely.
The divergence in ETF flows, capital leaving BTC and ETH while rotating into programmable, high-throughput altcoins, points to where attention is moving: speed, scalability, and smart contract execution on chains that can actually deliver them.
Bitcoin Hyper ($HYPER) is positioning directly at that intersection. It is the first Bitcoin Layer 2 built with SVM (Solana Virtual Machine) integration, meaning it inherits Bitcoin’s security and trust while executing smart contracts at speeds the base chain cannot approach.
The project claims performance that exceeds Solana itself, enabled by extremely low-latency Layer 2 processing and a Decentralized Canonical Bridge for seamless BTC transfers. The presale has raised $32,877,175.53 at a current price of $0.0136821, with staking rewards live for early participants.
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