As blue-chip cryptocurrencies consolidate within recent ranges, with Bitcoin (BTC) continuing to swing either side of $70,000, traders and investors are looking for the best crypto to buy now in the altcoin market that might offer the prospect of quick gains.
Major cryptocurrencies have been indecisive this week as traders weigh various themes.
Bitcoin, last trading in the upper $68,000s, has swing between lows around $67,500 and highs around $72,500 this week.
Traders continue to monitor themes such as easing GBTC outflows, the prospect of near-term spot Bitcoin ETF approvals in Hong Kong, hotter-than-expected US economic data pushing back on Fed rate cut bets and next week’s halving event.
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