Bitcoin hits its highest price in almost two months as the US stock market rebounds on easing trade war tensions.
At press time, Bitcoin trades at $92,900 after hitting highs of $93,700 earlier on Wednesday. Bitcoin’s surge coincides with a stock market bounce, with the S&P 500 gaining 2.51% on Tuesday.
Markets went into a frenzy on Tuesday as US President Trump said during a White House conference that tariffs on Chinese imports will “come down substantially, but it won’t be zero”.
Trump’s tariff stance has softened recently, helping reduce market uncertainty. His most recent words mark a further de-escalation, which is helping risk assets like Bitcoin and stocks to rise.
And as Bitcoin rises, it’s bringing the broader crypto market along for the ride. So with market conditions improving, what are the best crypto to buy?
Best Wallet Token
Best Wallet Token is a newly launched cryptocurrency that powers Best Wallet, a multichain crypto wallet that supports over 60 different blockchains, including Bitcoin, Ethereum, Solana, XRP, and Cardano.
Naturally, as prices rise, more people will join the crypto market, and many will set up a crypto wallet. Best Wallet’s multichain capabilities could place it in high demand.
Another feature that makes Best Wallet stand out is its extensive list of built-in features. These include a presale aggregator, a cross-chain DEX, a staking aggregator, a crypto debit card, derivatives trading, and more.
These features allow users to meet all their blockchain needs from one app, saving time and headaches.
$BEST is undergoing a presale and has raised over $11 million so far.
The $BEST presale allows investors to buy in from the ground floor, which could translate to substantial gains as the bull market unfolds.
Solana
Solana has proven to be the go-to blockchain for retail crypto users, with over 80 million people using it this month.
One of the reasons it’s so popular is its vibrant meme coin ecosystem. Meme coin launchpads like Pump.fun and LaunchLab allow anyone to create their own crypto project in seconds, and they have a chance to go viral.
But beyond meme coins, the project also sees rising institutional interest, with Galaxy Digital and Cathie Wood’s Ark Invest purchasing $SOL this week.
Meanwhile, BlackRock recently moved its tokenized money market fund to the chain, as did Franklin Templeton.
Solana is evolving at all angles, and its price reflects that. It has surged 17% this week, more than any other top-ten cryptocurrency.
As Bitcoin’s rising price attracts new retail investors to the space, it’s likely that many will join Solana.
Sui
Currently, Solana is leading in layer 1 blockchain adoption, but Sui is coming for its throne. It’s the 13th largest cryptocurrency, and it has pulled a stunning 24% gain today, making it the best-performing top 50 crypto.
Sui is less focused on developing a meme coin ecosystem and more focused on use cases that solve real issues. For instance, the project recently announced that it has launched wrapped Bitcoin, wBTC, on its network.
This allows users to deploy a synthetic version of Bitcoin inside decentralized finance (DeFi) apps. According to the team, Sui’s lightning-fast execution and low fees make it the perfect rail for generating Bitcoin yield.
The project also recently explored some of the AI use cases for which it envisions the network being used, ranging from “autonomous agents carrying out trading strategies to AI-driven fraud detection and prevention.”
What separates Sui is its robust scalability, theoretically capable of 297,000 transactions per second (TPS). This unlocks a world of high-volume use cases that would be unfeasible on other blockchains.
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