Best Crypto to Buy Now August 23 – Toncoin, Binance Coin, Tron
With cryptocurrency prices experiencing a downturn and the S&P Global US manufacturing PMI slipping to 47 in August from 49 in July, a surprising supporter for Bitcoin has come forward—U.S. presidential candidate Robert F. Kennedy Jr.
Kennedy, who has been an advocate for civil liberties, used his digital platform today to express his perspective on Bitcoin and its alignment with the principles of civil freedoms.
Considering the current state of the cryptocurrency market, what are the best cryptos to buy now?
Kennedy's endorsement comes at a critical juncture for Bitcoin as it confronts a challenging market environment. Bitcoin currently hovers around the mid-$26,000 range, while Ethereum is trading below the $1,700 level.
Meanwhile, the broader crypto market cap has slightly recovered to $1.07 trillion, marking an increase of 2.27% in the past 24 hours.
Kennedy's approach to cryptocurrencies, specifically Bitcoin, diverges from traditional fiscal stances.
One of the cornerstones of his campaign has been the promise to exempt cryptocurrencies from capital gains taxes, should he win the upcoming presidential election.
Kennedy’s stance on Bitcoin injects fresh perspectives into the political landscape, but market complexities continue to shape prices. His views highlight future possibilities even as headwinds remain.
Toncoin, Sonik Coin, Binance Coin, Launchpad XYZ, and Tron are some of the best cryptos to buy now based on their impressive fundamentals and/or technical outlook.
Over the span of a month, Toncoin experienced a period of sideways trading within the $1.3 to $1.53 range, before it fell sharply, reaching a low of $1.152 on July 30.
Nonetheless, its recent bullish trading activity, coupled with a return to its previous
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