Best Crypto to Buy Today 20 February – FGHT, STX, METRO, FIL, CCHG
Crypto begins this week poised. With crypto markets today in a general pattern of retracement and consolidation following an impressive weekend.
Last week, Bitcoin (BTC) reclaimed a key psychological level at $25,000. Now trading at $24,890 (+2.52% 24hr), bulls seemed to have found legs to support continued pressure on resistance.
With increasingly positive macro sentiment from Bitcoin, breakouts are back on the cards. This has carried over to rejuvenate altcoin markets which have struggled so far into February - reeling from January's explosive end to a year of crypto winter.
Narratives have become the key price movers this alt-season. Markets have already experienced pumps for AI coins and ZK-centric projects this year.
But it doesn't stop there. Further hype has engulfed the market over the past week from the emerging narrative around Chinese crypto.
Regulators in Hong Kong announced a new HK Virtual Asset Service Providers (VASP) regulatory regime.
Plus the People's Bank of China seemingly intent on delivering a significant package of quantitive easing.
Both of these announcements have served to smash the FUD gripping the industry around Gary Gensler and the SEC's war on crypto.
And this has fuelled huge pumps for so-called 'Chinese coins' such as Filecoin (FIL), Polkadot (DOT), and Vechain (VET).
So with markets on edge - poised ready for another push up - investors are taking stock.
What are the best cryptos to buy today (for the best returns)? Find out below!
Move-2-Earn made waves last year with projects such as STEPN setting out to monetize simple activities such as walking. But interest collapsed as STEPN’s unsustainable economics became apparent.
Fight Out plans to change that and reignite interest in the Move-2-Earn
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