Quick Facts:
- 1️⃣ Bitcoin is trading around $110K and remains well below its peak near $126K.
- 2️⃣ Should the US Fed announce additional rate cuts, this could help Bitcoin’s price rebound in the current down market.
- 3️⃣ Meanwhile, investors are also looking into the best crypto presales to buy, such as Bitcoin Hyper and Snorter Token, as they search for affordable deals.
Don’t panic—buy the dip. This has been the rallying cry of crypto analysts as of late as Bitcoin ($BTC) languished below the $110K mark over the past several days.
At the same time, many of investors are looking to put their money in other assets, particularly low-cap crypto or those in their presale stages. For now, the likes of Bitcoin Hyper ($HYPER) and Snorter Token ($SNORT) are promising to be the best crypto presales to buy.
Uncertainty Weighs Down Bitcoin—For Now
Jitters, mainly brought about by US President Trump’s China tariff threats, dragged down the market lately. Unsurprisingly, among the major casualties was Bitcoin, which slid below $110K just days after setting a new ATH.
Despite this, investors are bullish about Bitcoin’s long-term performance. According to Standard Chartered’s head of digital asset research, Geoffrey Kendrick, a short-term drop below $100K seems inevitable. He added, however, that it could be the last chance for anyone
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Author: Bogdan Patru
