Bitcoin has just hit $93,500, its highest price since early March – and traders are buzzing.
It has increased by 5.7% today and by 12% this week. Easing macroeconomic concerns and rising institutional adoption sparked the rally.
Donald Trump promised to drop tariffs on Chinese imports “substantially,” and a new report from The Financial Times reveals that Cantor Fitzgerald, SoftBank, Bitfinex, and Tether are entering a $3 billion joint venture to form a crypto acquisition company.
The move reportedly aims to replicate the playbook of Michael Saylor’s Strategy, hence focused on long-term Bitcoin accumulation.
It’s sending the Bitcoin price soaring – and altcoins are riding the bullish wave. With that in mind, what are the best crypto to buy now?
BTC Bull Token
With rising institutional interest, Bitcoin is well-positioned for huge capital inflows in the coming months. This will make holders richer and provide additional resources (in fiat terms) to generate wealth.
Many holders may look for ways to compound their Bitcoin, either to increase their long-term holdings or to cash out some bull market gains.
Right now, one of the smartest ways to generate Bitcoin yield is BTC Bull Token. It’s branded like a Bitcoin-themed meme coin, but the project is built on an innovative token incentive model.
It tracks Bitcoin’s price and will distribute $BTC and $BTCBULL to holders at key milestones on its journey to $1 million, starting when it hits $100K. The project will run additional airdrops at $150K, $200K, $250K, and so on.
BTC Bull Token also has a staking mechanism that allows holders to stake their tokens for additional passive rewards, and there’s a burn mechanism, too. Burning periodically destroys a portion of the $BTCBULL supply at Bitcoin price milestones, increasing the asset’s scarcity and value.
It takes Bitcoin’s scarcity dynamics and adds real Bitcoin yield and memetic branding – it’s an industry first with serious potential.
The project is undergoing a presale and has raised over $4 million so far.
Considering billions, or even trillions of dollars, will flow into the Bitcoin ecosystem this year, there’s clearly substantial growth potential for $BTCBULL presale buyers.
Hyperliquid
The crypto market’s 24-hour trading volume is $133 billion, up 49% today. This reflects more activity as traders take new positions to maximize gains.
One cryptocurrency set to capitalize on this is Hyperliquid, a layer 1 blockchain focused on decentralized perpetual futures trading.
The project offers a futures exchange with fiat on-ramping, low latency, low fees, and high speeds. It’s among the most advanced DeFi products on the market.
As the bull market ensues and trading activity increases, Hyperliquid will attract more users, which will increase demand for $HYPE and cause its price to rise.
This is evident in the past week, with $HYPE proving a top performer with a 26% gain, outpacing most other large-cap cryptos. We could well see this trend continue in the coming months.
Stacks
As mentioned, Bitcoin yield is an attractive concept for many Bitcoin holders, and alongside BTC Bull Token, Stacks is another way to access it.
Stacks is a Bitcoin layer 2 blockchain that’s faster and cheaper than the Bitcoin main network. However, people mainly use Stacks because it’s smart contract-enabled. This means developers can launch applications on the network, many of which are focused on Bitcoin-centered decentralized finance, dubbed BTCFI.
Like BTC Bull Token, Stacks will pay its users native BTC rewards, rather than wrapped BTC, which is offered on alternative blockchains such as Sui and Ethereum. This adds an extra layer of security and ensures alignment with Bitcoin’s core values.
Stacks has also proved one of the best-performing cryptos this week with a 38% pump. It’s currently valued at $1.2 billion, but there’s certainly substantial room for growth considering that Bitcoin has a $1.9 trillion market cap.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.