Crypto

Bitcoin above $100k could spark institutional altcoin rally: MEXC



Wall Street has now set its sights on altcoins, and inflows could follow if Bitcoin holds above a key level, says MEXC COO.

Recent crypto IPOs and treasury announcements highlight growing institutional interest in Bitcoin (BTC). This demand could soon extend to proven, low-volatility altcoins, according to Tracy Jin, COO of MEXC, who spoke with crypto.news. However, such a shift will largely depend on whether Bitcoin maintains strength above a critical threshold.

“Capital markets are reopening to digital asset firms with credible models, while financial engineering — like Strategy’s hybrid fixed-income Bitcoin offering — signals a maturing appetite for low-volatility crypto returns. If momentum sustains and BTC holds above key thresholds, a broader institutional rotation into altcoins could follow,” Tracy Jin, MEXC.

Traditional markets are actively driving crypto: Tracy Jin

Jin pointed to several key developments as evidence of rising institutional interest in crypto. One standout example was Circle’s successful IPO. Gemini has also taken similar steps, while companies like Metaplanet are expanding their Bitcoin treasuries, including a planned $1 billion BTC acquisition.

“All of these moves together point to a big change: crypto companies are no longer just reacting to market trends; they’re actually influencing how institutions can access crypto. As IPO calendars fill up and more money is being put into crypto through the stock market, it’s becoming a bigger part of traditional finance,” Tracy Jin, MEXC.

According to Jin, this trend is likely to persist—at least in the near term. The key risk factor remains Bitcoin’s price. If BTC drops below the psychological $100,000 level, a temporary institutional pullback becomes more likely.

As long as Bitcoin stays above $100,000 and big investors keep wanting it, more companies will probably go public with it, buy more of it, and get more money flowing into it — and not just into BTC but eventually into the whole altcoin market as well, as more people feel confident about cryptocurrency.



Source link