Many investors had high hopes for the Crypto Summit, expecting major announcements that would boost the market. However, the event turned out to be largely uneventful. Donald Trump simply reaffirmed his previous stance on crypto, without introducing any new policies or regulations.
Other industry leaders, including Michael Saylor and Brian Armstrong, praised Trump’s pro-crypto position but failed to present concrete plans for the future of digital assets. With no significant developments, the market reacted with disappointment.
Bitcoin Price Drops Below $88,000 as Market Slides 3%
The lack of bullish news, combined with ongoing macroeconomic pressures, sent the crypto market into a downward spiral. In just 24 hours, the market shed over 3%, with Bitcoin falling below the crucial $88,000 support level. This triggered sell-offs across major altcoins, creating a prime opportunity for long-term investors to enter at discounted prices.
BTC/USD 15-mins chart - TradingView
Top 3 Altcoins to Buy After the Price Adjustment Ends
1. Cardano (ADA) – A Strong Contender for the Recovery
Current Price: $0.81Buy Zone: $0.60 – $0.65Cardano continues to develop its ecosystem, focusing on scalability and decentralization. With major upgrades planned, ADA remains a solid long-term investment. The recent dip presents a chance to accumulate before the next rally.
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2. XRP – A Bet on Institutional Adoption
Current Price: $2.30Buy Zone: $1.80 – $2.00Despite regulatory hurdles, XRP remains a dominant force in cross-border payments. If institutional adoption increases, XRP could see a strong rebound, making the current dip an attractive entry point.
3. Solana (SOL) – A Leader in Speed and Efficiency
Current Price: $138Buy Zone: $105 – $110Solana’s fast-growing DeFi and NFT ecosystem make it a top-tier blockchain. The recent correction offers an ideal opportunity to buy before SOL regains its momentum.