Best Crypto to Buy Now 17 March – LHINU, STX, FGHT, FTM, METRO, CCHG, TARO

Trent Rhode
Trent Rhode

17 Mar 2023 5:57 PM

Bitcoin reaches a new nine-month high due to the U.S. banking crisis, leading to a 6.37% increase in its price. What are the best cryptos to buy today?...

  • Bitcoin hit a new nine-month high due to the U.S. banking crisis, registering a high of $27,002 before settling on the current price of $26,420.
  • The Federal Reserve has been actively lending money to banks in response to the crisis, which economist Peter Schiff speculates is essentially quantitative easing.
  • Bitcoin's uptrend shows no sign of slowing down, with the next potential target being the horizontal resistance zone ranging from $28,000 to $28,500.
  • To make informed investment decisions, investors should exercise caution and carefully evaluate their options, especially given the recent volatility and macroeconomic developments in the cryptocurrency market.
  • Some of the best cryptos to buy today based on technical and fundamental indicators include LHINU, STX, FGHT, FTM, METRO, CCHG, and TARO.

The article has a positive sentiment towards Bitcoin and some of the recommended cryptocurrencies to buy today, but also highlights the need for caution and careful evaluation of options.

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