• With the lull in the cryptocurrency market and most major coins moving sideways, impatient traders looking for quick profits have turned to lesser-known, smaller altcoins that may be the best cryptocurrencies to buy at the moment.

According to CoinMarketCap, #bitcoin (BTC) has traded almost flat at around $66,000 over the past 24 hours.

Meanwhile, Ether (ETH) was slightly above the $3,200 mark, while Solana (SOL) and #BNB (BNB) were up 2% each.

Traditional markets were at risk on the day, with the S&P 500 index up more than 1% after strong earnings data.

This could support #cryptocurrency prices ahead of the release of US core PCE inflation data on Friday.

If the data shows that inflationary pressures in March were unchanged from the previous month at 0.3%, it could quell fears that the Fed will not cut interest rates in 2024.

Bitcoin is currently trading in a six-week range between $60,000 and $BTC Usually, bitcoin doesn't see a rise until a few months after a rate cut. Since the Fed rate cut is still a long way off and inflows into spot ETFs have slowed, #BTC may remain in a range.

However, many believe that bitcoin's bull market still has a long way to go, and crypto investors should use the current consolidation in the market as an opportunity for growth.

As the oldest, best-known, most trusted and safest cryptocurrency, bitcoin is probably the best cryptocurrency to buy at the moment.

However, investors who already own a lot of bitcoin and are looking for higher returns may prefer #altcoins .

Considering that most altcoins have fallen from their highs since the beginning of the year, the current market could be a great opportunity to buy on the downside.

Here are a few altcoins that are actively trading right now and could be the best cryptocurrencies to buy.

HBAR, the token underpinning Hedera's open-source distributed public ledger and proof of stake, rose on Monday.

According to CoinMarketCap, it rose 40% in 24 hours and was last trading at around $ 0.1260.

BlackRock + Hedera Hashgraph!

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