Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As Bitcoin (BTC) pushes to fresh multi-month highs in the mid-$68,000s this week and eyes a test of July highs at $70,000, investors have been analyzing which cryptos could be the best to buy now in light of recent market conditions.
With the US election approaching, pro-crypto candidate Donald Trump is surging in the polls, and speculation is mounting on how this could impact the cryptocurrency landscape.
Republicans are now favorites to win the Presidency, Senate, and House. pic.twitter.com/tbfrrgFHII
A Republican sweep, including a Trump victory, could pave the way for pro-crypto regulations, with Citi identifying it as a bullish signal for the market.
[COINDESK] Republican Sweep in U.S. Election Would be the Most Bullish Outcome for Coinbase and the Crypto Market: Citi$C $COIN
Given this environment, it’s no surprise to see major cryptocurrencies gaining traction as ETF inflows increase.
This positions BTC as a strong contender among the best crypto to buy now.
Odds of a Bitcoin all-time high in 2024 are up to 73%. pic.twitter.com/0zHkswDXdj
But while Bitcoin is making strides, traders are also looking at altcoins that could offer even greater upside potential.
With Bitcoin showing strong momentum, other cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE), and Ethena (ENA) have emerged as potential investments.
Let’s take a closer look at why they are worth considering.
Ethereum, the industry’s second-largest cryptocurrency, has lagged behind Bitcoin in recent weeks.
Despite Bitcoin’s rise, ETH remains locked within a
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