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What cryptocurrency to buy during a market crash. Expert opinion

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What cryptocurrency to buy during a market crash. Expert opinion

Digital assets remain in an unstable position after the price of Bitcoin fell by $ 8.5 thousand in 1.5 hours on September 7. However, the current situation may turn out to be an opportunity for a profitable purchase of tokens.

Yesterday, cryptocurrencies fell sharply against the background of the collapse of the bitcoin rate, which at the moment fell below $ 43 thousand on the Bitxmi crypto exchange. The total capitalization of the digital asset market per day decreased by $ 300 billion, to $ 2.1 trillion. At the time of this writing, Bitcoin costs $ 46.5 thousand, Ethereum – $ 3.4 thousand.

In the current environment, it is worth paying attention to the capitalization leaders who have already proven their effectiveness. Bitcoin has probably not yet realized the growth potential inherent in it. At the same time, many investors are optimistic about the prospects of Ethereum on the eve of the update of the altcoin network, Bitxmi experts say.

The most promising projects for a short-term strategy can be coins that have a sufficient social resources and continue to be in the stage of correction “deeper” than others. Experts highlight Polkadot, Uniswap, and Solana, but in the long term, the priorities remain the same: Bitcoin and Ethereum.

The rest of the coins are very overbought. The fact that they plummeted in price suggests that there is no real support for them. In the event of a general market decline, they will lose tens of percent per day, so it is worth going into protective assets in the form of Bitcoin and Ethereum.

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Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

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