A few days after crashing into the 5-digit territory and losing momentum due to war and other geopolitical conditions, the Bitcoin price is on the rise again. Bulls have emerged, bolstered by the recent “end” of the Iran and Israel conflict and more institutional interest, and have moved the BTC price up again, giving hope to the community that the bull run may not be over.
As market confidence returns, now might be the time to find the best crypto to buy now. But which assets could be the best picks?
BTC Rises Thanks to Trump’s Announcement of “Complete and Total Ceasefire” Between Israel and Iran
It is the recent Israel – Iran conflict that led to the talks of a major nuclear holocaust, which ended up pushing people to engage in fearful sell-offs of their Bitcoin holdings. This momentarily pushed the Bitcoin price below the $100K mark for a second before a rebound.
But once again, US President Trump arrived on Truth Social with his proverbial rescue quotes.
“Israel & Iran came to me, almost simultaneously, and said, ‘PEACE!,’” wrote Trump on Truth Social, adding, “I knew the time was NOW. The World, and the Middle East, are the real WINNERS! Both Nations will see tremendous LOVE, PEACE, AND PROSPERITY in their futures.”
In another post declaring the ceasefire, the president congratulated everyone on the “Complete and Total CEASEFIRE” between Israel and Iran.
“This will mark the end of the 12 Day War,” he added. “This is a War that could have gone on for years, and destroyed the entire Middle East, but it didn’t, and never will! God bless Israel, God bless Iran, God bless the Middle East, God bless the United States of America, and GOD BLESS THE WORLD!”
The news of this spread to the cryptocurrency market like wildfire, pushing the BTC price past the $106K mark before a minor correction. BTC is currently trading around $105.6K at the time of writing, having surged by close to 4% in the last 24 hours.
More Institutional Backing Coming for Bitcoin
Michael Saylor isn’t backing down from considering Bitcoin as the end-all, be-all of the world’s economy. Strategy (formerly MicroStrategy) has bought even more Bitcoin recently. Between June 16 and June 23, the company added 10,345 BTC to its portfolio, bought at an average cost of $70.6K.
KindlyMD and Nakamoto have also announced an additional $51.5 million in PIPE financing in order to support Bitcoin treasury efforts.
Furthermore, Anthony Pompliano is also making a Bitcoin power play and has struck a deal to create a publicly traded Bitcoin treasury company. The crypto analyst and financial influencer has struck a $1 billion merger to create ProCap Financial and has raised over $750 million in the largest initial fundraise in the history of a public Bitcoin treasury company.
Given these institutional positives, the path is almost clear for BTC to make a move up — unless another war happens, that is.
Best Crypto to Buy Now
Now that the market is showing signs of being back on track, here are some of the top picks for investors.
BTC Bull
BTC Bull is a meme coin inspired by Bitcoin that could see major gains upon listing if Bitcoin reaches new highs. This project is a simple meme coin that ties its growth with BTC by unlocking its mechanics when the BTC price reaches critical thresholds.
When BTC reaches $125K, $175K, and $225K, BTC Bull will unlock token burns, and when Bitcoin hits $150K and $200K, BTC Bull will unlock Bitcoin airdrops, giving token holders access to free Bitcoins.
The fact that BTC Bull isn’t showing any utility means it is relying on speculation to grow in value. Thankfully, the viral mechanics and the viral memes it has created can potentially push the BTC Bull price up in the short term.
Due to BTC Bull’s relation with Bitcoin, experts like Apex Syndicate have called it one of the best Bitcoin-themed crypto presales.
Bitcoin Hyper
Bitcoin Hyper takes another, utility-centric approach to make Bitcoin more valuable. The original idea of this project is to ensure that the Bitcoin network can handle smart contracts so that more use cases could be developed on the network.
To make it real, Bitcoin Hyper aims to provide Bitcoin with an L2 scaling solution. Said to be the “first of its kind,” this L2 scaling solution leverages the Solana Virtual Machine and the Canonical Bridge. The official whitepaper has revealed that these technologies will work in tandem to create unique decentralized applications, NFTs, and other unique ecosystems within the Bitcoin network.
While this is an ambitious vision, Bitcoin Hyper can potentially achieve it, since it is clear from reading the website and the whitepaper that the developers are knowledgeable about the technologies needed to make it real.
And if the market continues to be bullish post-launch, and the crypto community is bullish about the use cases that emerge from Bitcoin Hyper, the HYPER price could rise.
Solaxy
Solaxy is a project that only yesterday made its debut on DEXs — Uniswap and Raydium. While profit-takers caused the SOLX price to go down after the initial launch, the market is picking up again, and the crypto is painting a rising channel.
The reason SOLX has been added to this “best crypto to buy now” list is that, despite portraying a meme-like image, its use cases are unique, and the developers have already shown they are serious about it.
The testnet is already live, and so are the blockchain explorer and the bridge. And Solaxy has posted a complete schedule about when its core systems will be launched. People are most interested in Igniter, which is reportedly a strong competitor of pump.fun.
Currently trading above the $0.000064 mark, Solaxy is navigating market volatility. However, now that people believe Bitcoin is back on track and the launch dates of upcoming systems have been set, the Solaxy price could reach new highs.
Conclusion
Bitcoin’s recent bounce and the apparent end of the Israel-Iran war may mean that the market will pick up again. However, Trump’s presidency has been very eventful, and while a mass influx of institutional interest has prevented BTC from remaining inside the 5-digit territory, it is not certain how long Bitcoin’s current momentum will last.
Therefore, those looking for the best crypto to buy now should opt for recently released tokens or presales.
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.
