The post Why Monero (XMR), Ripple (XRP), and Uniswap (UNI) Might Be The Best Buys As Bitcoin Takes $100K  appeared on BitcoinEthereumNews.com.

Explore why Monero (XMR), XRP, and Uniswap (UNI) are prime investment choices, as Bitcoin retakes $100K. Get insights on their market performance, technicals, and expert predictions. The cryptocurrency market has shown strong resilience despite recent volatility, with Bitcoin reclaiming the $100k mark after dipping to its lowest point since November. With President-elect Donald Trump’s inauguration and reports of pro-crypto policies on the horizon, the market is brimming with optimism. While Bitcoin aims to hold the $100K milestone, altcoins like Monero (XMR), XRP, and Uniswap (UNI) present compelling investment opportunities for savvy traders. Bitcoin’s Journey Back To $96K And Beyond After hitting a monthly low of $90K on January 13, Bitcoin rebounded strongly, trading at $99,580 as of publication—a 5.8% increase in the past 24 hours, according to Bravenewcoin data. Analysts link this recovery to: Speculation on Stable US Interest Rates: Promising employment data has sparked optimism about economic stability. Trump’s Pro-Crypto Agenda: Reports suggest plans for a crypto council, A Bitcoin Strategic Reserve, and relaxed SEC regulations, fostering investor confidence.BTC weekly price action.  Source: Bravenewcoin Monero (XMR): Gearing Up For A Bullish Breakout Towards $259.64 Monero stands out in the crowded cryptocurrency market with its unrivaled commitment to privacy. As governments tighten their grip on financial transactions, Monero provides a decentralized alternative that keeps user identities completely hidden. It uses sophisticated cryptographic techniques such as ring signatures and stealth addresses to make transactions untraceable, attracting users who prioritize privacy above all else. Source: Monero via BNC Monero is up at $205.63 with a weekly 4.45% increase. It touched $206.77 after bouncing off the important ascending trendline that has been support since November 2024. The technicals are looking good. RSI is at 56.23, so there’s room to run before it gets overbought. MACD just crossed up, so buying momentum. XMR/USD weekly…

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Filed under: News - @ January 17, 2025 9:27 pm