Top Altcoins To Buy Now As Bitcoin Price Hits $80K

Bitcoin is holding firm above $80,000, prompting renewed bullish calls from crypto commentators who argue the recent bounce is more than a short-term relief rally. According to an expert, the setup points to further upside rather than a retest of the $58,000 lows some traders had feared.

Why Bitcoin Is Holding Above $80,000

• The CLARITY Act vote is scheduled for September 15
• The Department of Labor is preparing to open the $10 trillion 401k market to crypto exposure
• An estimated $176.8 trillion currently sits with Registered Investment Advisors who cannot yet access spot crypto, with the SEC having filed to change that
• Coinbase has introduced Bitcoin-backed mortgages, letting buyers access home financing without selling their holdings
• The Treasury’s ongoing bond buybacks are seen as capping yields and softening the dollar, a backdrop the host linked to renewed risk appetite
• Strong earnings from Nvidia and Salesforce added to broader risk-on sentiment in software and tech markets

The expert set a short-term Bitcoin target of $83,000 to $84,000 in the coming days, framing the run-up to the CLARITY Act vote as a period where he expects continued upward pressure, while acknowledging the vote itself could still trigger a sell-the-news reaction.