Best Crypto to Buy Now 20 June – Stacks, Sui, Render
As June draws to a close, Bitcoin is working to stage a comeback with the backing of prominent financial players.
At one point, Bitcoin rose nearly 5%, hitting an intraday high of $28,158.92, the highest level since May 29, according to TradingView.
In light of Bitcoin's improving market sentiment, what are the best cryptos to buy now?
This surge has caused Bitcoin's monthly candle to turn positive, presenting a positive outlook for both investors and market observers.
Ethereum didn't lag far behind, displaying a gain of 2.39% so far today and setting its trading price at $1,778.46.25.
Despite suffering a dip exceeding 5% in the month, Ethereum continues its steady march.
The cryptocurrency market has been experiencing an optimistic streak since last week, adding to its momentum. A key proponent of this positivity is BlackRock, the world's largest asset manager.
BlackRock recently set the stage for what could be the U.S.'s maiden Bitcoin spot ETF through their application submission.
The timing of this move is interesting in that it came shortly after the Securities and Exchange Commission (SEC) lodged lawsuits against two formidable crypto exchanges, Binance and Coinbase.
Market observers continue to deliberate over this timing of BlackRock's move, primarily due to their crypto custody alliance with Coinbase.
Tuesday morning greeted the crypto space with news of a fresh crypto exchange entering the market as well.
Backed by financial titans such as Charles Schwab, Fidelity Digital Assets, and Citadel Securities, the platform has been facilitating Bitcoin and Ethereum trades for several weeks.
Fidelity has been vigilantly tracking crypto evolutions since 2014. In the years following, the firm launched the Fidelity Digital Assets
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