{"id":149183,"date":"2025-02-12T12:13:46","date_gmt":"2025-02-12T10:13:46","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=149183"},"modified":"2025-02-12T12:59:32","modified_gmt":"2025-02-12T10:59:32","slug":"best-crypto-to-buy-now-as-bitcoin-price-dips-to-95k","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/best-crypto-to-buy-now-as-bitcoin-price-dips-to-95k\/","title":{"rendered":"Best Crypto to Buy Now as Bitcoin Price Dips to $95K"},"content":{"rendered":"
Bitcoin has been moving away from its \u201cgolden\u201d $100k level with each passing day. Due to the current socio-political climate around <\/span>Donald Trump\u2019s freezing of USAID<\/span><\/a> and Jerome Powell\u2019s concerns about \u201cdebanking crypto firms,\u201d the market has crashed, making finding the best crypto to buy now difficult.<\/span><\/p>\n This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.<\/strong><\/em><\/span><\/p>\n However, the bearish market conditions have given several \u201cbuying the dip\u201d opportunities for high-cap tokens with long-term goals. Furthermore, there are new crypto offerings on the horizon that could give parabolic gains upon listing.<\/span><\/p>\n After Donald Trump dropped what many are saying is a \u201c<\/span>bombshell<\/span><\/a>\u201d for the world aid sector, further bearish news came from the crypto front when Fed Chair Jerome Powell came out and said that the \u201c<\/span>America\u2019s Bank Accounts are Safe<\/span><\/a>.\u201d<\/span><\/p>\n Testifying in front of the Senate committee, he said \u201cbank accounts overall across the economy are safe\u201d while stating that these banks are being backed by government deposit insurance.<\/span><\/p>\n The cryptocurrency community did not take to these events kindly, creating minor sell-offs, dropping the BTC price just above its $95k support.<\/span><\/p>\n The candlestick chart shows that Bitcoin is still above the lower support zone, indicating that further decline to the $95k level may be coming for the world\u2019s biggest cryptocurrency. A correction might follow afterward.<\/span><\/p>\n Following Bitcoin\u2019s drop, Ethereum\u2019s value has also declined. However, there are some developments within the ETF sector that give hope that the price will bounce back. The bullish news from the ETF sector is that the SEC has approved <\/span>in-kind creations and redemptions of Ark\u2019s Core Ethereum ETF<\/span><\/a> on the Cboe exchange.<\/span><\/p>\n At the time of writing, Ethereum is trading around the $2.5K level and has a market cap of over $312 billion. Technicals show that the RSI is slowly trending toward the oversold zone. Once the ETH price falls on that level, a bounce might occur.<\/span><\/p>\n
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\nBitcoin Drops to $95k \u2013 Further Correction May be Coming<\/h2>\n
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Best Crypto to Buy Now \u2013 Top 5 List<\/h2>\n
Ethereum<\/strong><\/span><\/h3>\n
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