u.today
Chris Burniske, partner at venture capital firm Placeholder, has revealed some new price targets for Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL) in his most recent social media post.
The prominent cryptocurrency analyst believes that $BTC will top top around $142,690.
At the same time, he is convinced that $ETH and $SOL will reach $6,900 and $420, respectively.
Approaching a new record high
Bitcoin, the leading cryptocurrency by market capitalization, is zeroing in on a new record high after $123,
The leading cryptocurrency reached its previous peak of $123,236 in mid-July.
Since hitting the abovementioned peak, Bitcoin suffered a 9.5% correction, dropping to a local low $111,919 on Aug. 3.
Ethereum's big week
Meanwhile, Ethereum is having another stunning week, recently surpassing the $4,700 level. $ETH is now just 3% away from reaching a new record peak for the first time since November 2021.
Solana's stunning overperformance
Meanwhile, Solana ($SOL) is vastly outperforming both Bitcoin and Ethereum. Over the past 24 hours, the token has surged by another 5%, surpassing the pivotal $200 level.