Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
Just hours ahead of the Fed’s most important policy announcement in years, where they are expected to cut interest rates for the first time since 2020 and signal a new policy easing cycle, investors are trying to pick the best crypto to buy now for quick gains.
After posting solid gains on Tuesday, most major cryptos are a little lower on Wednesday but still not far from weekly highs.
That’s the case for Bitcoin (BTC), which was last trading in the mid-$59,000s, having hit $61,000 earlier in the week.
According to CoinMarketCap, Ethereum (ETH), BNB (BNB), and Solana (SOL) were down 1-4% in the past 24 hours.
An easing of financial and liquidity conditions in the world’s largest economy could be a major tailwind for crypto in the coming years.
The delayed bullish impact of the April BTC halving and a potential pro-crypto second Trump presidency in the US could also help power gains into 2025.
Bitcoin and the other coins mentioned above could all be major winners.
For those looking to add exposure to well-established cryptos, each of these names could rank among the best cryptos to buy now.
However, some investors looking for higher beta cryptos that could outperform are scouring the alt-coin markets.
Here are some smaller and lesser-known tokens that could rank amongst the best cryptos to buy now.
Following its Upbit listing last week, Nervos Network (CKB) has maintained strong bullish momentum.
#Upbit listed CKB token
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