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Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena
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As the Bitcoin (BTC) price consolidates just to the north of $63,000, investors are weighing up whether it could be the best crypto to buy now.
Bitcoin continues to trade with gains of over 10% versus last week’s lows in the $56,000s.
Softer-than-expected US jobs data last Friday helped ease fears about the Fed potentially delaying rate cuts to 2025.
This helped propel the price higher and engineer a sudden surge in demand for spot Bitcoin ETFs from institutional investors.
As per The Block, spot Bitcoin ETF flows have been net positive since last Friday.
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