Best crypto to buy now ahead of the Fed meet

Bitcoin hovered around $119,000 on Tuesday, with traders largely sidelined as they await clearer signals on US trade policy and the Federal Reserve’s upcoming rate decision. After surging to an all-time high above $123,000 earlier in July, the world’s largest cryptocurrency has remained rangebound, showing little momentum in either direction. The subdued price action reflects broader market caution as investors digest the potential impact of renewed global trade tensions and the Fed’s next move on interest rates. With the central bank widely expected to hold rates steady later this week, focus will turn to Chair Jerome Powell’s guidance on inflation and future policy shifts. However, in this cautious environment, Bitcoin Penguins (BPENGU), a meme-inspired token, has raised over $1 million within a day of its presale launch, signalling a shift in investor appetite amid a lull in major crypto price action. The Fed meeting Ahead of the Federal Open Market Committee (FOMC) meeting on July 29–30, US President Donald Trump has renewed his calls for lower interest rates, but the Federal Reserve appears poised to hold firm. According to CME FedWatch data, there is a 96.9% probability that the Fed will keep its benchmark rate unchanged—between 4.25% and 4.5%—marking the fifth consecutive meeting in 2025 without a cut. The central bank has maintained this range since January, defying repeated presidential pressure to ease monetary policy amid strong economic performance. Chair Jerome Powell and the Committee have consistently signalled a preference to wait and assess the broader effects of existing economic policies, including the Trump administration’s tariffs, before adjusting rates. Despite Trump’s visit to the Fed last week, where he again urged cuts citing the “booming” US economy, policymakers have so far resisted. Markets will watch closely for any change in tone from Powell following the July meeting, especially as inflation trends and trade-related uncertainty continue to shape the Fed’s path forward. The best crypto to buy now has raised over $1 million The presale for Bitcoin Penguins (BPENGU) brings rare structure and urgency to an early-stage token offering, combining a fixed timeline, transparent pricing model, and clear path to listing—at a time when open-ended presales have begun to wear thin on investors. Split across 15 stages, the crypto presale increases BPENGU’s price by 5% at each step, leading to a cumulative rise of 75% from Stage 1 to Stage 15. Early entrants stand to capture notional gains of over 75% by the time the token lists. So far, the presale has raised over $1 million, with the next price jump scheduled within the next 25 hours. The escalating price structure is designed to reward early participation and drive sustained momentum—an intentional contrast to the prolonged, often delayed presales that have tested investor patience. The presale is capped at 30 days, ending August 27 or sooner if the $10 million hard cap is met. A claim and listing date of September 2 has already been confirmed, giving investors the rare advantage of knowing the token’s public timeline from the outset. That clarity has struck a chord with buyers seeking transparency and timely execution. With its Bitcoin integration, meme-powered branding, and strong early demand, BPENGU is shaping up as a serious contender in the current altcoin rotation—and possibly the next meme project to break into the mainstream. The post Best crypto to buy now ahead of the Fed meet appeared first on Invezz

Source: Invezz