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...
Bitcoin (BTC) nearly touched $70,000 early Monday before sliding to $67,000, prompting investors to search for the best crypto to buy now as the market reacts to the dip.
As other major cryptocurrencies also slip, market participants are on the lookout for opportunities to take advantage of this pullback.
Amid the broader market movements, US Presidential Candidate Donald Trump continues to extend his lead in the betting odds over Democrat rival Kamala Harris.
Trump's odds continue to rise.
He's now 24% ahead with 15 days to go. pic.twitter.com/PnadLjQxWA
Bitcoin dips are likely to attract continued buying interest as Donald Trump, considered more “pro-crypto” than his rival, extends his lead in the betting odds.
A Trump victory could send BTC to record highs next month, and potential Fed rate cuts might propel it toward $100,000 by year’s end.
This positions Bitcoin as a strong option among the best crypto to buy now.
However, some investors may prefer to gain exposure to higher beta, riskier altcoins that could outperform Bitcoin in a bullish market environment.
Below are some standout altcoins that may be considered the best crypto to buy now.
ApeCoin (APE) is enjoying a sudden resurgence in hype following the launch of its blockchain, ApeChain.
Looks boring.@beeple ON APECHAIN https://t.co/u8ottxzAHk
The new ApeChain blockchain drastically expands APE’s utility and offers APE holders an enhanced way to earn and compound yield through staking.
Unsurprisingly, its price doubled over the weekend, surging from the $0.70s to the $1.50
Read more on cryptonews.com