Bitcoin took a surprising turn downwards on Sunday evening as the United States futures trading session opened and stocks tanked once again.
The move stems from escalations in a global trade war that Donald Trump ignited with his April 2 tariff announcements. So far, the strongest resistance has come from China, which clapped back with 34% reciprocal tariffs on US imports after Trump increased levies on Chinese imports.
Yet, step aside from macroeconomic factors, and you’ll see that the crypto industry continues to have strong fundamentals. Less than one week ago, Larry Fink, CEO of $11.5 trillion asset manager BlackRock, said that “every asset can be tokenized,” a clear nod toward decentralized blockchain technology.
Just one month ago, the White House held its first crypto summit, and Trump officially created the Strategic Bitcoin Reserve. The government is also reportedly testing budget-neutral strategies to buy Bitcoin, such as selling some of its gold reserves.
Currently, financial markets are awash in confusion as two global superpowers play high-stakes chess. But amidst all that, crypto is playing an increasingly crucial role on the world stage. The current low prices could be an unmissable opportunity.
With that in mind, here are the best crypto to buy now:
BTC Bull Token
BTC Bull Token is a Bitcoin-themed meme coin that airdrops real Bitcoin rewards. It’s the first time any cryptocurrency will pay its holders $BTC, so it’s drawing tons of attention.
The project is currently undergoing a presale and has raised $4.4 million so far.
In addition to Bitcoin rewards, there will also be $BTCBULL airdrops at key milestones on Bitcoin’s journey to $1 million.
Users can also stake their tokens to earn additional gains, and the project has a burn mechanism that periodically destroys some of the $BTCBULL total supply.
This creates an environment where holders are heavily incentivized not to sell their tokens. As such, the project might have real long-term potential and offer a safe haven against the market’s recent volatility.
However, the $BTCBULL presale price will increase throughout the campaign, so potential investors should not wait around.
Aave
Aave is an Ethereum-based decentralized finance (DeFi) protocol. Its primary use case is offering lending and borrowing markets, and it currently has $16.54 billion in total value locked (TVL).
As mentioned, BlackRock CEO Larry Fink recently said that “every asset can be tokenized.” And in the same letter, Fink hailed the benefits of decentralized finance, saying it “makes markets faster, cheaper, and more transparent.”
And within the DeFi space, Aave is one of the top protocols.
Aave is also one of the select few cryptocurrencies held by Donald Trump’s DeFi project, World Liberty Financial.
With institutional interest in DeFi ballooning and Aave being one of the sector’s leading players, it’s easy to see why this could be a lucrative opportunity in the months ahead.
EOS
EOS is cryptos that has held up best this week with a 22% pump. Traditionally, EOS has been an Ethereum competitor, offering a more scalable smart contract-enabled blockchain.
However, rising competition from Solana, Sei and others means that EOS had a hard time standing out.
But that was until recently. The project has now recalibrated its focus and rebranded to “Vaulta.” This move will entail a pivot to Web3 banking, aiming to build a bridge between traditional finance and decentralized digital assets.
The project will also usher in a new banking advisory council to help fulfil its mission.
While most cryptos have struggled this week, investors remain excited about the future of EOS. As prices start to climb again in the weeks ahead, there’s every chance that EOS will be among the top performers.
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