Best Crypto to Buy Now 16 June – Immutable X, Curve DAO, NEO
Bitcoin is currently up about 3% in the past 24 hours, thanks in part to investment management corporation BlackRock's commitment to creating a Bitcoin exchange-traded fund (ETF).
This has also led to a price increase in Ether and other leading non-stablecoin cryptocurrencies.
With the cryptocurrency market displaying positive trading activity today, what are the best cryptos to buy now?
Bitcoin is currently experiencing a significant rally, with an increase to $26,331 according to CoinMarketCap data.
The market capitalization of the largest cryptocurrency is has also grown by 3.54% to reach $512 billion as of writing.
BlackRock's announcement on Thursday to launch the first publicly traded Bitcoin exchange-traded fund (ETF) in the U.S. has been a significant driver behind the price increase.
The world's largest asset manager has entrusted Coinbase Custody Trust Co. with the responsibility of safeguarding the cryptocurrency for their proposed ETF. Should the ETF receive the green light, it will find a home on the Nasdaq stock exchange.
The global cryptocurrency market is currently witnessing a 2.47% increase in its capitalization in the past 24 hours as well, which stands at $1.028 trillion--while the total market volume has decreased by 22.27% to $34.2 billion over the same time.
With Bitcoin's value on the rise, it's worth exploring other cryptocurrencies that have strong fundamentals and favorable technical analysis. Some of the best cryptos to buy now include WSM, IMX, ECOTERRA, CRV, YPRED, NEO, and SWDTKN.
Raising over $7.96 million in merely three weeks, the pre-sale for Wall Street Memes is progressing at an impressive rate of about $377,000 per day.
This frenzy has positioned Wall Street Memes as a potential contender for
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