Best Crypto to Buy Now July 30 – Book of Meme, MOG Coin, AIOZ Network
As major cryptocurrencies trade in the red, with the likes of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) trading with losses of between 1.5-3% in the past 24 hours per CoinMarketCap, traders are monitoring altcoin markets as they hunt for the best crypto to buy now to benefit from the market dip.
What had looked like a promising crypto rally was cut short after the US government’s BTC wallet movements on Monday.
Fears that a possible US government sale of around $2 billion BTC might add to near-term sell pressure continued to weigh on the market on Tuesday.
Bitcoin was last trading around $66,000, down over 5% from Monday’s highs above $70,000.
ETH was last just under $3,300, and Solana was close to $180.
Traders will continue to monitor US government wallet movements closely.
Some fear the Biden administration might seek to sell BTC ahead of the election in the wake of ex-US President Donald Trump’s pledge to set up a strategic BTC reserve if he returns to office.
US Government: “If we sell our 200,000 Bitcoin before Trump gets into office then he has no Bitcoin to hold in a strategic reserve.” pic.twitter.com/G13bgLORP2
— Autism Capital
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