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Top Cryptos to Buy Now: BTC, TAO, BRETT, and JASMY

As crypto bulls regain momentum, investors eye Bitcoin, Bittensor, Brett, and JasmyCoin for potential quick gains. With market sentiment improving, these cryptos could lead the charge.

2 min 13 secJuly 26, 2024
Top Cryptos to Buy Now: BTC, TAO, BRETT, and JASMY

As bulls retake control of the crypto market on Friday investors are assessing the best cryptos to buy now for quick gains. The US Core PCE inflation data for June aligned with expectations. This reinforces the belief that the Fed might cut interest rates in September. This is boosting sentiment across the crypto market. Bitcoin (BTC) is rising over 2.5% to nearly $67,500.

 

Positive headlines further fuel optimism. US Presidential Candidate Robert F. Kennedy Jr. spoke at a major Bitcoin conference. He suggested the US should buy substantial amounts of Bitcoin to match its gold holdings. He also revealed that most of his net worth is in Bitcoin maintaining full commitment to the cryptocurrency.

 

Anticipation builds ahead of Trump’s appearance at the Nashville Bitcoin Conference. He might announce plans to buy Bitcoin as a reserve asset if elected. Bitcoin's technical indicators also look promising. There is a strong bounce from its 50DMA indicating bullish control. Bitcoin is also eyeing a break above a downtrend since March.

 

 

This could potentially push it above $70,000 soon. With this rally, BTC might be the best crypto to buy now.

Ethereum (ETH) lags. It is down 8% for the week at around $3,250. ETF outflows of nearly $200 million since this week's ETF launch weigh on its price. However, the slowdown in outflows could set the stage for a rebound. This makes ETH attractive at its 200DMA. Assuming positive fundamentals ETH could gain 50% in the coming months. This makes it a contender for the best crypto to buy now.

 

For those seeking higher risk and potential reward, altcoins like Bittensor (TAO) Brett (BRETT), and JasmyCoin (JASMY) are strong performers. Bittensor, a decentralized machine learning network surged 12% in 24 hours to $360. It found strong support at its 50DMA. BRETT, a meme coin on Ethereum's layer-2 blockchain Base rose over 10% in 24 hours. It is now trading above $0.13. JasmyCoin, an Internet-of-things protocol token also gained over 10%. It is eyeing a break above its 50DMA.

 

 

Crypto presales, while risky can offer significant upside potential. Web3 start-ups often conduct token presales to raise funds. They sell tokens at favorable valuations If done intelligently, presale investing can yield quick gains.

 

Bitcoin, Ethereum, Bittensor Brett, and JasmyCoin are gaining attention as market sentiment improves. This is accompanied by bullish technical indicators. There are also positive fundamentals. These cryptos could offer quick gains. Crypto presales also present high upside potential for savvy investors.

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