
As of May 2026, Bitcoin holds strong above $75,000 and may surge past $80,000, potentially reaching $90,000 due to renewed institutional demand and easing ETF selling pressure. This move could trigger a broad rally in altcoins like Ethereum, XRP, and Cardano, which are currently consolidating and waiting for key resistance breaks. Ethereum aims to break $2,400 to target $2,800, while XRP and Cardano need Bitcoin's bullish momentum to break their resistance levels at $1.50 and $0.28 respectively. The overall crypto market remains highly correlated with Bitcoin's price action dictating altcoin performance.