Best Crypto to Buy Now 24 April – Radix, Bitget, Toncoin
The cryptocurrency market has been facing headwinds today, with Bitcoin (BTC) experiencing a decline below $27,500 and Ether (ETH) approaching the $1,800 mark.
Concerns regarding interest rates are believed to be contributing to the market's volatility.
In light of the uncertain macroeconomic conditions, what are the best cryptos to buy now?
Bitcoin has seen its value drop below the $28,000 mark since Friday and as of writing is trading at $27,405, representing a loss of 0.26% in the past 24 hours.
After falling below $28,000 a two-day downward trend has ensued after a week of trading above $30,000.
Earlier today, BTC hit an intraday low of $26,972, the lowest it's been in three weeks.
Market watchers are closely monitoring the upcoming Federal Open Market Committee (FOMC) meeting scheduled for next week.
The CME FedWatch Tool indicates a 92.6% likelihood that the U.S. central bank will implement a hike in interest rates.
Meanwhile, ETH, the second-largest cryptocurrency by market capitalization, is trading at around $1,833, marking a 0.9% decrease today.
BTC and ETH have experienced declines of 7.09% and 11.8%, respectively, over the last week.
Market participants are assessing uncertainties in the crypto industry and broader economic landscape, including a reduction in U.S. dollar liquidity.
Despite these challenges, opportunities still exist within the cryptocurrency market.
By conducting a comprehensive examination of both fundamental and technical factors, several cryptocurrencies have emerged as the best cryptos to buy now.
These include LHINU, XRD, DLANCE, BGB, ECOTERRA, TON, SWDTKN, and TARO.
Love Hate Inu has garnered attention for its vote-to-earn meme coin, and recently celebrated a significant achievement by raising over
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