The price of Onyxcoin (XCN) has gone up by more than 20% in about a week. Like many other altcoins, it has moved higher as the whole crypto market picked up speed. But even with this jump, XCN is still stuck in a downtrend that started in the middle of April.

Still, many people think the crypto market could see big moves this year if Bitcoin keeps climbing. Some analysts even believe Bitcoin could reach $200,000 before this cycle ends. If that happens, how high could the XCN price go?

A Quick Look at Onyxcoin Price and How It Follows Bitcoin

Onyxcoin started the year at around $0.00235. Today, it’s trading near $0.0154, which is more than a 500% increase. Earlier this year, XCN also hit a high of $0.0494. We’ve seen XCN make some big spikes by itself, even when other altcoins were not moving much. In January, it went up almost 1,500%. Then in April, it jumped by over 200%. These sharp moves show XCN can move fast when buyers step in.

Onyxcoin and Bitcoin prices usually move in the same direction. When Bitcoin goes up, XCN often follows. Right now, Bitcoin is trading around $107,000, which is close to its all-time high of $112,000. If Bitcoin starts going to $200,000, it will likely affect XCN in a big way.

XCNBTC Price Chart

Looking at the XCNBTC chart this year, Bitcoin has mostly been stronger than XCN. After XCN’s big jumps in January and April, it lost ground again and moved lower. Most of the time, XCN has stayed weak compared to Bitcoin, showing how strong Bitcoin has been in 2025. There were a few short bounces for XCN, but they didn’t last long.

ChatGPT Prediction: XCN Price if Bitcoin Hits $200K

We asked ChatGPT what XCN might be worth if Bitcoin rises to $200,000. It looked at past price moves, how XCN reacts to Bitcoin rallies, and market data like Bitcoin dominance. Here are three possible outcomes:

Pessimistic Scenario ($0.02–$0.03)

If Bitcoin goes to $200,000 but its dominance stays high, money might not flow into altcoins like XCN. This could happen if investors only focus on Bitcoin. In this case, XCN might only reach between $0.02 and $0.03.

Realistic Scenario ($0.06–$0.09)

In a more normal situation, if Bitcoin moves to $200,000 and then Bitcoin dominance starts to fall, money could move into altcoins. This could push XCN higher, with the price possibly landing between $0.06 and $0.09.

Read Also: SEI Tops Ethereum in On-Chain Activity – Price Pumps on Growing Hype

Optimistic Scenario ($0.12–$0.18)

In the best-case scenario, Bitcoin going to $200,000 could kick off an altcoin season. If traders rush into altcoins for bigger gains, XCN could spike sharply, maybe reaching between $0.12 and $0.18.

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