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Macroeconomic policies in the U.S. and Japan have contributed to bullish movements for Bitcoin. The cryptocurrency’s price surged this week following key interest rate decisions by the Federal Reserve and the Bank of Japan. Since the U.S. Fed announced an interest rate cut, Bitcoin saw a rise of over 11% by the week’s end, climbing above $62,000 for the first time in September. At the same time, altcoins show signs of stabilization, with a higher low pattern forming. This suggests a decrease in selling pressure. With major price floors now established, altcoins seem to be entering a phase of low-volume, range-bound trading, which could potentially mark the beginning of a slow upward trend for the broader altcoin market. Given these developments, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar , which requires time and effort. 6 Best Cheap Cryptos to Invest Now Under 1 Dollar Pyth Network is working to broaden acc...

VeChain VET is one of many Altcoins that have been on a surge in the past 24 hours. At press time, VET is trading at $0.04969. In just the past week, the trading volume for the coin has risen by 42.0% as well. Multiple factors may be affecting the altcoin market currently. Here’s a breakdown of why VET in particular has been soaring in the past day. VeChain VET Gets a Boost From Bitcoin Source: Binance Academy As mentioned previously, the entire altcoin market has seen a boom in the past week. Today, in particular, VeChain and other altcoins are seeing a boost primarily due to the ongoing Bitcoin rally. Over the last 24 hours alone, BTC is up almost 6% and is currently trading north of $54,000. As a result, Bitcoin is pumping into the entire cryptocurrency market, including Altcoins such as VET . Crypto investment products saw inflows of almost $600 million last week, and the hype around the market is currently bullish. Also Read: BTC Climbs Above $54,000: ...

VeChain ( VET ) has surged by over 76% since January 2023. Although the token has faced a 4.7% correction in the daily charts, it is still up by more than 6% since last week. Moreover, the asset has surged by over 34% in the monthly charts and over 66% in one year. Source: CoinGecko Also Read: VeChain Working With United Nations in Sustainability Campaign VeChain’s (VET) rally might not be over just yet. According to renowned cryptocurrency analyst Ali Charts, VET is currently mirroring its consolidation phase from 2018 to 2020. The analyst says VET could break past its $0.033 resistance level in the next two weeks. The development may cause VeChain to rally to $0.077 by late January 2024. The price increase would translate to a growth of about 185% from current levels. Source: Ali Charts, X Will VeChain (VET) rally this holiday season? Source: Zipmex According to CoinCodex, VET’s price may drop to $0.026 on Dec. 26, 2023, a fall of about 3.7% from current lev...

A handful of cryptos are available for purchase under $1 making it affordable to new and first-time investors to take an entry position. If the low-hanging fruits rally as they did in the 2021 bull markets, investors could make a fortune in the long run. However, the cryptocurrency markets remain under pressure due to macroeconomic factors plaguing the world’s economy. Therefore, the majority of cryptocurrencies are struggling to rally and remain on the back foot for nearly 18 months. In this article, we will highlight the top 3 cryptocurrencies to watch out for below $1 in 2023. Also Read: 1 Cent Dream: Shiba Inu To Hit $0.01? See What Microsoft’s Bing AI Says 1. Dogecoin (DOGE) Source: Twitter / Matt Wallace Dogecoin ’s price is down for nearly 18 months in the crypto markets. Yet, the meme currency is still the most talked about cryptocurrency in the world. The world’s richest man Elon Musk is invested in Dogecoin and plans to send a DOGE-1 rocket into space....