Best Crypto to Buy Today 28 November – D2T, CELO, TARO, DOGE, IMPT
Cryptocurrency markets are broadly lower on Monday, with prices tracking risk-off flows in traditional markets amid concerns about how the worsening Covid-19 situation and rising civil unrest in China impact the outlook for global economic growth. Bitcoin was last changing hands just over 2.0% lower over the last 24 hours, according to CoinMarketCap, while Ethereum was last trading closer to 4.0% lower over the same time period. The overall market capitalization of cryptocurrencies was last around $775 billion, down around 2.0% on the day.
Traders continue to monitor the fallout of FTX's sudden implosion and bankruptcy earlier this month. BlockFi, a long-beleaguered crypto lending/borrowing platform, is the latest domino to fall, having formerly declared bankruptcy earlier on Monday. Macro events will also be in focus this week, with a number of important US labor market and inflation readings due, which, combined with various high-profile speeches from Fed policymakers, including Chairman Jerome Powell on Wednesday, could help to inform the outlook for Fed policy in the coming quarters.
Traditional risk assets (like stocks) have traded on the front foot in recent weeks on hopes that peak Fed hawkishness has been and gone. However, FTX's collapse earlier this month has largely prevented crypto prices from taking advantage of this upside. Here are some of the top cryptocurrencies for traders/investors to consider buying on Monday the 28th of November.
Dash 2 Trade’s D2T token could be an interesting opportunity for cryptocurrency investors looking to get involved in a promising up-and-coming crypto trading project in wake of crypto exchange FTX’s spectacular demise. Dash 2 Trade is a best-in-class crypto analytics and
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