Best Crypto to Buy Today 10 March – LHINU, KAVA, FGHT, ATOM, METRO, KLAY, CCHG

cryptonews.com:

Bitcoin has fallen below the $20,000 mark for the first time since early January, following a significant sell-off that began late Thursday and extended into Friday morning. This comes as the broader cryptocurrency market experienced a sell-off driven mainly by negative news.

With Bitcoin trading below the significant level of $20,000 on Friday, many may wonder what the best cryptos to buy today are in the current bearish climate.

The decline is being attributed to the sell-off in the US stock market and the downfall of Silvergate Capital, a major crypto lender that is winding down its operations and liquidating its bank. Silicon Valley Bank sold off its holdings worth $21 billion at a loss of $1.8 billion, which is also considered a significant contributor to the current downturn.

Silicon Valley Bank invested in US Treasuries, which have depreciated due to increased interest rates by the Federal Reserve. As a result, the bank was compelled to sell its bonds at a loss to strengthen its financial position.

Over the course of 24 hours, the cryptocurrency market lost more than $70 billion in value, while Bitcoin and Ethereum lost more than 6% on Thursday's candle close. Bitcoin reached an intra-day low of $19,559 earlier today, and as of writing, is hovering just below the $20,000 mark at $19,990 with a loss of 1.75% so far today. Ethereum is currently trading at $1,409 with a loss of 1.90%.

Given the current market uncertainty, investors are advised to exercise caution and carefully consider their investment options. It is recommended to perform both fundamental and technical analyses before making any investment decisions. Based on these analyses, LHINU, KAVA, FGHT, ATOM, METRO, KLAY, and CCHG are among the best cryptos to buy