Best Crypto to Buy Now September 9 – Popcat, Fantom, Bittensor
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As major cryptocurrencies edge higher at the start of a big week of macro risk events, investors are scouring through altcoin markets as they consider what might be the best crypto to buy now.
Bitcoin (BTC) was last trading up about 2% in the past 24 hours in the mid-$55,000s, per CoinMarketCap.
Other major cryptos like Ethereum (ETH), BNB (BNB), Solana (SOL), XRP (XRP) and Dogecoin (DOGE) were up 1-3% over the same time period.
Republican and Democrat Presidential nominees Donald Trump and Kamala Harris go head to head in a debate on Tuesday.
Trump is seen as the more pro-crypto candidate of the two, so traders will be closely watching the debate and its impact on election prediction markets.
Polymarket currently has Trump as the slight favorite to win the November election.
Trump's odds are now 10% ahead in Pennsylvania. pic.twitter.com/bAXrMVXrLu
Wednesday then sees the release of US Consumer Price Index (CPI) inflation data.
The data is expected to confirm the ongoing deflationary trend in the US that gives the Fed the green light to start cutting interest rates.
A potential second Trump presidency plus lower interest rate environment have been touted as big potential tailwinds for major cryptos.
But as US recession risks rise, risk appetite may remain dampened for some time.
So investors are asking what might be the best crypto too buy now.
Here are some strong performers on Monday that might be good options to consider.
The best performer in the top 100 cryptocurrencies on Monday is a fairly new Solana meme coincalled
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