US-China Trade War to Ease Up as Bitcoin Aims for $100K. Heres the Best Crypto to Buy
Bitcoin is currently trading above $97K amid positive sentiments regarding a possible US-China trade deal.
As per a statement by the Chinese state media, the US has reached out to China through multiple channels to discuss the tariff situation and strike a deal.Data from Polymarket shows that 24% of people believe this trade deal can be announced before the end of June. However, Trumps hawkish approach towards China may stand in the way of an agreement.
Read on to learn how these global economic conditions can impact your crypto portfolio. Well also suggest the best crypto to buy now to make the most of Bitcoins expected run.
Bitcoin Nearing the $100K Mark Is a Sign of Greater Things to Come
Soon after Trump was appointed president, Bitcoin made an all-time high of around $109K. It then plummeted to $75K, instilling fear amongst investors. However, the last couple of weeks have been great for the token.
- $BTC has risen around 30% since April 9 and is now trading around $97K.
- Market participants believe that the psychological $100K mark can be breached in the next few sessions.
- As per Flowdesk, $BTC spot flows have increased, reflecting a slowly shifting market structure.
The derivative markets are also seeing increased trading activity, and the overall $BTC liquidity and volumes have surged. This shows the underlying market sentiment is shifting for the better, and traders remain hopeful about an end to the ongoing tariff war and a beneficial resolution to the conflict.
AI Tokens Performing Well
The $BTC magic has rubbed off on AI tokens as well. As per CoinGecko, the AI coin market cap has increased by 2.9% in the last 24 hours and now stands at $26B. $NEURAL, $ANON, and $HMT have been the top gainers.
This comes after Kava Labs announced that it hit 100K users on its AI platform, which is the worlds first decentralized ChatGPT. It offers users verifiability and privacy, something other AI models do not currently offer.
Kava Labs is just one example, though, and there are hundreds of innovative AI projects in the Web3 space with billions being poured into them by VCs.
As the broader crypto market gains momentum, these value-driven projects will be the first to see sizable growth.
If you want to grab the crypto bull by its horns, this is the right time to invest. Here are some top altcoins you can buy right now for potentially massive gains.
1. BTC Bull Token ($BTCBULL) Best Crypto to Buy Now, Get Real $BTC as Airdrops
If you think Bitcoin is a lip-smacking purchase right now, wait till you hear about BTC Bull Token ($BTCBULL). Its a new meme coin on presale that has been designed to follow the coattails of Bitcoin.
In other words, buying $BTCBULL lets you benefit from Bitcoins growth without actually owning or buying it. Quite the deal, no?
Thats because BTC Bull Token is the ONLY crypto to offer real (and free) $BTC in its airdrops to its token holders.
Every time Bitcoin reaches a new milestone, such as $150K, $200K, and $250K, $BTCBULL owners who hold their tokens in Best Wallet will automatically receive their share of $BTC.
Whats more, the developers have also reserved a chunky 40% of the total token supply for PR and marketing activities.
Combined with a deflationary model wherein a part of the total supply will be shaved off at regular intervals BTC Bull Tokens focus on publicity will likely keep the cryptos hype (and price) pumping well after its launch on exchanges.As mentioned earlier, $BTCBULL is currently in presale. It has raised over $5.2M at the time of writing, and each token is available for just $0.00249 right now. Heres a guide on how to buy BTC Bull Token.
2. Solaxy ($SOLX) Top New Altcoin with Real-World Application, Has over $32.7M in Presale Funding
Solaxy ($SOLX) plans to bridge the gap between Solanas potential and its reality. These two, by the way, have quite a few miles between them today thanks to the networks scalability issues.
Even though Solana is technically a perfect blockchain for meme coins (its fast and affordable), the reality is that it gets overloaded whenever theres a spike in transaction requests.
Solaxy will solve Solanas congestion and limited scalability by building the first-ever Layer 2 solution on the network.
Solanas debut L2 will offload a bunch of the networks transactions onto a sidechain, thereby reducing the burden on Solanas mainnet.
Its worth noting that $SOLX is a multi-chain token; its compatible with both Ethereum and Solana and will, therefore, be able to combine the formers excellent liquidity with the latters speed.Considering its one-of-a-kind mission as well as the tremendous success of its presale weve predicted $SOLX to reach $0.20 by 2030, a 116x increase in a 5-year period.
You can get it for just $0.001712 if you buy now, though. Heres how to purchase it.
3. Dog (Bitcoin) ($DOG) Trending Bitcoin Meme Coin
Dog (Bitcoin) is the #1 dog-themed meme coin on the Bitcoin blockchain. Although it has broken through to the top trending cryptos list only recently, the token actually launched in the first half of 2024. Whats more, it also has a sizable market cap of over $300M.
A fully decentralized meme coin, $DOG was built to drive community engagement and introduce people to Bitcoin.
The token is unique in that it operates under the CC0 license, meaning it doesnt have an official team or organization controlling its development.
$DOG leapt up by a whopping 88% in the last month, which includes a gain of over 48% in just the last seven days.
With positive momentum on its side, the token could really extend its current rally if it managed to break and hold the $0.0030 level.
Considering its 92% bullish community sentiment and a low price of just $0.003019, $DOG has made a strong case to be one of the best cheap cryptos worth buying today.
Bottom Line
Finally, its worth mentioning that even though a Bitcoin rally is highly likely, the market guarantees nothing.
Kindly bear in mind that weve picked the cryptos mentioned in this guide on the basis of our own research, analysis, and interpretation of the crypto market.
However, this article is not financial advice, and we urge you to do your own research before investing.
Text source: NewsBTC
