Best Crypto to Buy Now 19 April – Radix, Synthetix Network, Internet Computer
The cryptocurrency experienced a significant contraction today, with the total market capitalization seeing a net reduction of $50.7 billion.
As it stands, the total crypto market cap is $1.24 trillion, marking a 4.11% decrease from the previous day.
How might this sudden downturn affect the selection of the best cryptos to buy now?
In this dynamic landscape, the two most prominent digital currencies, Bitcoin and Ethereum, have experienced declines in their respective market capitalizations.
Bitcoin's market cap dipped by 3.37% to reach $613.48 billion currently, while Ethereum's market cap has seen a more pronounced drop of 5.82% so far today at $235.4 billion.
The downturn was not limited to these two digital currency giants, however. The top ten digital currencies by market cap are all experiencing a decline so far today.
Solana, for instance, experienced the most significant drop, with a 7.17% decrease in value. Dogecoin, which had previously seen gains for the past couple of days, also experienced a setback, losing 6.75% of its value.
Meanwhile, stablecoins are exhibiting mixed performances. Tether (USDT) maintained stability with a market cap of $81.09 billion.
However, USD Coin (USDC) and Binance USD (BUSD) experienced declines in their market caps, falling to $31.37 billion and $6.64 billion, respectively.
Even in the face of the recent downturn in the cryptocurrency market, there are still opportunities for those seeking to diversify their crypto portfolio.
After a careful examination of both fundamental and technical factors, LHINU, XRD, DLANCE, SNX, ECOTERRA, ICP, SWDTKN, and TARO are some of the best cryptos to buy now.
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