Best Crypto to Buy Now As Bitcoin and Ethereum Crash Again on Trump Tariff News

The announcement that US President Donald Trump made on Liberation Day has now started to drag the entire market down. Bitcoin has corrected below the $80K level (again) and Ethereum is struggling to stay above the $1.4K mark. Analysis shows that conditions will likely become worse before they get better. Therefore, investors looking to salvage the situation should find the best crypto to buy now and invest in it quickly. BTC and ETH Struggle to Maintain Momentum in the Current Market Donald Trump’s “liberation day” declaration affected the market very quickly. Stock markets crashed, reaching new lows. For instance, Dow Futures was down by 600 points with tariffs taking effect, and the same happened to futures linked to S&P 500 and Nasdaq. While it was thought that the cryptocurrency market would remain insulated from these woes, it didn’t happen. People believed that stronger tariffs could weaken the fiat market, making crypto more appealing. However, that did not happen. Leading cryptocurrencies such as Bitcoin and Ethereum were quick to dip as fear captured investors who proceeded with massive selloffs. Bitcoin Price Action – Corrected to $75K Before a Minor Bounce After the first dip to $75K, bulls were quick to engineer a relief rally. However, that did not last, leading to massive selloffs bringing the BTC price back to the same sub-$80K level. At the time of writing, the world’s largest cryptocurrency was trading just above $76K after correcting by over 3.3% in the last 24 hours. Analysis shows that the RSI is around 35, which brings it closer to the oversold zone, but not enough to lead to a massive bounce. Furthermore, things have turned even more bearish as the 50-day moving average has crossed below the 200-day moving average, resulting in a death cross. This means that BTC could tumble to new lows before there is any hope for it to make a comeback. While the latest candle is green, it is not long enough. Being nothing more than a panic rally, this could be an attempt by some whales to stave off further lows. However, the crypto fear and greed index is 18 currently, which means while institutions could try to resist, most investors aren’t patient enough to keep hold of their BTC. Ethereum Price Action – Following a Falling Channel Since December Last Year The Ethereum price has also gone through a major correction. Currently trading at above $1.4K, the world’s largest altcoin has dipped more than 6% in the last 24 hours. This trend, however, isn’t surprising since ETH has been following a falling channel since December 2024. Its price has completely remained aloof from Bitcoin’s growth so far, and it may continue to do so in the future. Currently, $1060 is Ethereum’s crucial support which could be tested too soon. If it does, there is a possibility that the token’s RSI will flow into the oversold territory, leading to a bounce. And the crucial resistance levels of ETH are currently around $2.1K, $2.8K, and $3.7K, which it may not reach anytime soon. Ethereum’s abysmal performance is noteworthy because it has happened despite the technological upgrades that have occurred within the ecosystem. For instance, Vitalik Buterin has recently proposed a 3-Prover Framework to achieve instant finality. The upcoming Pectra upgrade is also gaining attention. However, despite these announcements, the ETH price has been down. In light of this situation, investors should start to look for altcoins. For them, the best crypto to buy now could be found among crypto ICOs. At least until the market stabilizes, these ICOs could be considered much better options. Which is the Best Crypto to Buy Now? Donald Trump’s move to ” pursue reciprocity to rebuild the economy and restore national and economic security ” has led to the current market conditions. However, the current market reactions could be considered nothing more than a “knee-jerk” response to new changes. It is likely that the market will get better soon. In the meantime, these cryptocurrencies could be considered the best cryptos to buy now. BTC Bull With Donald Trump’s tariffs now in full force, the negative connotations have led to people stepping back from Bitcoin, resulting in recent sell-offs. BTC Bull is a project that counters that argument by creating a meme coin community that could stand beside Bitcoin. This meme coin project has been created to leverage Bitcoin’s growth and funnel it toward itself so that even seekers of cheap cryptos could gain value with Bitcoin’s growth. While current market trends don’t indicate that growth is anywhere near, the meme coin community has been known to resist market fundamentals. This social aspect is the strength of BTC Bull, which ties token burns and Bitcoin airdrops around Bitcoin’s growth. Bringing a more stylistic appeal to the meme coin and Bitcoin space, BTC Bull could become one of the biggest meme coins on the market. The iconic bull image portrayed on the official website isn’t bad as well, and the tweets it makes, showing long-term confidence in the face of short-term adversity, make it stand out from other meme coins that offer alternatives to the current high-cap tokens. SUBBD SUBBD is a new ecosystem for content creators powered by the token of the same name. Its main purpose is to give content creators the freedom to use automated tools to create and perform administrative tasks, and also get access to a bigger piece of the revenue, which has been one of the biggest pain points with sites like OnlyFans. With SUBBD, the creators get the power to join the innovative “create to earn economy.” The AI tools they will get will make administrative tasks easy, even fulfilling custom requests from fans. There are also special AI influencer tools that would allow creators to develop robust AI influencers with unique traits to engage with fans. Fans of these content creators, on the other hand, will get access to staking perks as well as exclusive content from these creators. The official website has called SUBBD a way to redefine the fan-creator relationship, and at the same time, offering gamified earning opportunities as well. Over 2,000 top-earning creators may join this project soon. Considering these creators already have over 250 million followers across all social media platforms, SUBBD has enough momentum to explode after arriving on the cryptocurrency market. Best Wallet Token While the market is down now, there is always hope that it would get better, giving rise to more innovative projects. These projects would often need a secure wallet. And while there are many self-custodial options on the market already, none is more intuitive than Best Wallet . Best Wallet is a cryptocurrency wallet powered by the Best Wallet Token . The token enhances the facilities of Best Wallet. These facilities aren’t limited to storing and swapping crypto. Users can also buy and sell cryptocurrencies from the platform using fiat. There are also staking perks available for those looking for passive income. There is also a unique “upcoming tokens” utility available that lets investors keep an eye on upcoming projects. Through Best Wallet Token, users can participate in the ICOs of these upcoming projects before they are made public. Essentially, this offers a way to participate in a crypto presale while it is at stage 0. And in the current bearish economy, finding the right asset and investing in it ahead of time is very beneficial. Best Wallet is also very social in terms of community engagement, showcasing multiple YouTube videos covering simple and complex tutorials about the cryptocurrency market. This further establishes Best Wallet Token as a solid asset. Best Wallet Token itself is available on presale and has raised over $11 million so far. It could be a leading project in the future thanks to its use cases. Conclusion Donald Trump’s tariff measures will continue to impact the market, and BTC and ETH going down may be the first of many such incidents. However, while there are mounting fears of recession in the US, there is also hope that this tariff measure will initiate dialogue among the US and other countries so that they could find common ground. This exploration could lead to stable market conditions. But until then, finding the best crypto to buy now among crypto ICOs is the best option. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source: Crypto Daily