Compass Investments

Crypto vs. Dollar

📌 According to CoinMarketCap, most other major altcoins have fallen 2-5% in the past 24 hours.

An all-out war between Israel and Iran could be the reason for a turbulent start to October for major cryptocurrencies. Cryptocurrencies

-An all-out war between Israel and Iran could be the reason for a turbulent start to October for major cryptocurrencies.

The geopolitics-related market decline at the beginning of the year didn’t last long, however.

In addition, October is usually the best month of the year for bitcoin, hence the nickname Uptober.

Many expected this October to be no exception due to the Fed-led monetary easing cycle.

Geopolitics may give the bitcoin market one last push before prices hit record highs this quarter. Traders expecting a market rebound are looking for the best cryptocurrencies to buy in the altcoin market.

Here are some strong options.

What are the best cryptocurrencies to buy now?

The Solanium meme coin Popcat (POPCAT) performed well on Tuesday despite widespread market discontent.

POPCAT continues to trade around $1, just below last week’s high. POPCAT could fall further as geopolitical concerns increase and risk flows diminish.

However, POPCAT could rebound significantly later this month as risk appetite recovers. POPCAT has been trying to break above its July highs for several days now, after hitting consecutive lows in April.

This suggests that the upcoming breakout has serious potential, making POPCAT a candidate for the best cryptocurrency to buy right now. For more long-term price predictions, check out this article on Cryptonews.com.

EIRO (NEIRO), a meme coin for the Ethereum community based on its sister Doge, is another candidate for best cryptocurrency to buy now.

According to DEXScreener, NEIRO is down 80% from its August high and has a market value of about $60 million.

Bitcoin

Bitcoin

$62,549.17

BTC -0.71%

Ethereum

Ethereum

$2,451.70

ETH -0.83%

Binance Coin

Binance Coin

$569.91

BNB -1.34%

XRP

XRP

$0.53

XRP -2.15%

Dogecoin

Dogecoin

$0.11

DOGE -1.25%

Cardano

Cardano

$0.35

ADA -1.61%

Solana

Solana

$145.60

SOL -0.81%