Bitcoin Recovers $115K with New US Rate Cut Expectations, Leading Traders Looking for the Best Crypto to Buy

Quick Facts:

• 1⃣ The lower-than-expected US CPI information launched on Saturday fueled hopes that the US Fed will lower charges but once more.
• 2⃣ This anticipation has helped pump Bitcoin again to $115K after hovering round $110K in the previous a number of days.
• 3⃣ Should a fee lower occur, count on extra demand for the greatest crypto to purchase, like Bitcoin, Hyper, and Snorter Token.

Happy days are right here once more as the potential for a brand new spherical of fee cuts in the US helped push Bitcoin ($BTC) again to the $115K stage.

Based on a number of trusted analysts, the US Federal Reserve is anticipated to lower charges additional, which ought to make borrowing cheaper and gasoline urge for food for high-risk property like cryptocurrencies.

Due to this, we will count on elevated demand for a few of the best crypto to buy at the second, together with Bitcoin Hyper ($HYPER), in addition to the Snorter Token ($SNORT) presale, which closes right now.

Low US CPI Fuels Rate Cut Outlook

Bitcoin returned to $115K today after spending most of final week hovering round $110K. This is considered one of the most evident indicators but that merchants are anticipating a fee lower from the US Fed throughout its upcoming assembly on October 29.

Fueling this expectation is the 3% increase in the US Consumer Price Index (CPI) revealed by the US Bureau of Labor Statistics on Saturday. This was beneath the anticipated CPI of three.1%, which may very well be an element for the Fed to lower charges but once more.

Traders will definitely welcome a brand new fee lower as this might make borrowing cheaper and enhance the attractiveness of high-risk property comparable to cryptocurrencies.

With the Fed’s subsequent assembly simply two days away, we will count on a flurry of exercise in the market.

As such, it at all times pays to look out for these initiatives which might be shaping up to be the greatest crypto to purchase:

1. Bitcoin Hyper ($HYPER) – Adding Speed and Low Cost to Bitcoin Transactions, and Expanding $BTC’s Utility

When it comes to cryptocurrencies, Bitcoin wants no introduction. But whereas it’s the largest crypto by market capitalization, it’s not the quickest.

In truth, it might probably solely deal with up to seven transactions per second (TPS), whereas the likes of Solana can theoretically handle up to 65K TPS. These gradual transaction speeds lead to high transaction prices, which have been a long-time situation for Bitcoin.

Additionally, you’ll be able to’t use $BTC for something aside from as a retailer of worth. That means no staking for this cryptocurrency.

That’s the place Bitcoin Hyper ($HYPER) is available in. It goals to develop a Layer 2 community that can run on a Solana Virtual Machine, delivering Solana-level speeds and low prices to the Bitcoin ecosystem.

It’ll additionally characteristic a canonical bridge, which can allow you to ship your $BTC to the L2 and put it to use for varied purposes, together with staking, buying and selling, and interacting with dApps.

To obtain perks comparable to governance rights and entry to unique options, think about buying its native $HYPER token.

Check out our Bitcoin Hyper buying guide for step-by-step directions on how to seize $HYPER tokens.

Each token prices $0.013175, which you may as well stake to take pleasure in 47% p.a. in staking rewards. Considering what you get for such a small quantity, it’s no surprise that the Bitcoin Hyper presale has already raised almost $25M.

Get your Bitcoin Hyper tokens here.

2. Snorter Token ($SNORT) – Powering an Up-and-Coming Crypto Trading Bot—Presale Ends Today

With only some hours earlier than the Snorter Token ($SNORT) presale ends, we’ll offer you every thing you want to know as shortly as potential.

It’s a fundraiser to develop Snorter Bot. This Telegram-native crypto buying and selling bot will allow you to do almost every thing you want to do to commerce, together with sniping, copying trades, and managing your portfolio.

In addition, it’ll have a rugpull and honeypot detection characteristic that can shield you from scams while you’re shopping for the newest meme cash.

With Snorter Bot, you’ll now not have to bounce from one platform to one other simply to do issues like researching and buying and selling. This provides you the velocity you want to compete with whales in the profitable meme coin market.

Currently, you should buy $SNORT tokens for $0.1083. Doing so will supply a number of advantages when Snorter Bot goes reside, together with low transaction charges, limitless snipes, and entry to unique options.

Of course, you may as well stake your tokens. The group is providing 99% p.a. in staking rewards, however this fee is topic to change as extra buyers lock their tokens in the staking pool.

If you’re a long-term investor, you may additionally think about HODLing. This might be a good suggestion because it has the potential to attain as high as $1.92 by the finish of 2026, in accordance to our Snorter Token price prediction.

But time’s working out for considered one of this yr’s best crypto presales, so don’t delay.

Join the Snorter Token presale today.

3. Etherchain ($ETHAI) – Building a Next-Generation Blockchain Technology

Etherchain ($ETHAI) is a challenge aiming to revolutionize the market with its next-generation consensus protocol, Proof-of-Intelligence (PoI).

Using PoI, community nodes will earn rewards after they execute high-value AI duties, together with real-time inference, mannequin coaching, and algorithmic optimization.

This method leverages the energy of AI to propel the business ahead whereas serving to to safe the blockchain community.

Aside from PoI, Etherchain additionally options an Artificial Intelligence Virtual Machine (AIVM). You can consider it as a VM explicitly designed for AI duties. With AIVM, you’ll have the option to carry out AI duties proper on the blockchain itself.

To increase funds for the challenge, the group is working a presale of its $ETHAI token. At this stage, half of its 50B token provide can be bought, providing unique advantages comparable to governance rights and precedence entry to options like the Memecoin Launchpad.

Each $ETHAI token prices simply $0.1805, however as at all times, there’s a worth coming lower than a day from now. Therefore, if you need to purchase $ETHAI at its present worth, it’s greatest to act shortly.

To get began, go to the official Etherchain presale web site, join your cryptocurrency pockets, and full the cost utilizing Ethereum ($ETH) or Tether ($USDT). Next, test your crypto pockets to guarantee receipt of the tokens.

To date, the presale has raised a whopping $2.599M, and is displaying no indicators of slowing down.

Read the Etherchain whitepaper for more information.

With the subsequent US Fed assembly taking place quickly, it’s virtually positive that the market can have a flurry of exercise in the coming days. In the meantime, be certain not to miss the greatest crypto to purchase, like Bitcoin Hyper ($HYPER) and the Snorter Token ($SNORT).

Disclaimer: Do your personal analysis. This isn’t funding recommendation.

Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/best-crypto-to-buy-bitcoin-recovers-to-115k