5 Best Altcoins To Buy As Bitcoin Dominance Nears Cycle Top
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DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . The next crypto bull run will very likely be led by altcoins. Experts believe that the Bitcoin price is nowhere near its cycle top, with some expecting it to reach as high as $150k in early 2025. However, they do believe that the Bitcoin Dominance is very likely near its top and will start to trend lower in the coming months, paving the way for an altcoin bull run. BTC.D currently stands at 57.3%, the highest it has ever been in 4 years. Bitcoin Dominance cycle top looks like it’s in. Alts rule from here on out. — K A L E O (@CryptoKaleo) August 8, 2024 5 Best Altcoins To Buy The Bitcoin Dominance has been trending upwards for the past few years, with BTC outperforming Ethereum and the altcoins. However, this could change in the coming months. The latest crypto crash has turned out to be a blessing in disguise for sidelined investors. Several high-potential altcoins appear to have tagged their local bottoms and are now gearing up for the next bull run. Indeed, with the Federal Reserve set to start cutting interest rates in September, the crypto market capital could start rotating to large-cap and mid-cap altcoins. Low-cap gems such as new meme coins also cannot be underestimated. We list the 5 best altcoins to buy before the start of the next crypto bull run. XRP (XRP) XRP is our top pick for the best altcoins to buy before September. Ripple has scored another major victory against the US Securities and Exchange Commission, with Judge Analisa Torres only levying…
Filed under: News - @ August 8, 2024 11:06 pm