Wall Street giant Goldman Sachs has predicted that the US Federal Reserve will trim interest rates three times this year, which could bode well for Bitcoin and altcoins. Amid this forecast, below are the top 4 altcoins to buy to enjoy significant returns.
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Goldman Sachs Predicts Three Fed Rate Cuts in 2025
Goldman Sachs has raised the number of times that it expects the Federal Reserve to trim interest rates this year from two to three. The investment bank anticipates these rate cuts to happen during the July, September, and November FOMC meetings.
The higher number of rate cuts follows an increased risk of the US economy falling into a recession. Goldman Sachs has increased its recession odds to 35% due to President Trump’s move to impose reciprocal tariffs on all countries. The Fed might now be forced to lower rates to stimulate economic growth.
Data from the CME FedWatchTool also shows that most investors anticipate the Fed to cut rates in June. 64% of investors expect a 25 basis point rate cut while 14% of investors anticipate a 50 basis point rate cut.
Rate cuts are good for risk assets like cryptocurrencies hence the need for crypto investors to find the best altcoins to buy today.
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4 Altcoins to Buy Today for Significant Gains
The best altcoins that crypto investors can buy today for significant gains include Ripple (XRP), BNB Coin (BNB), Toncoin (TON), and Litecoin (LTC).
Ripple (XRP)
One of the top altcoins to buy amid the downturn in the broader crypto market is Ripple. XRP price has shown much strength by sustaining a price level above $2 despite intense selling activity. This suggests it might lead the market recovery in case of a reversal.
XRP price has formed a bullish double-bottom pattern on the hourly price chart. This points towards a bullish breakout to $2.46 in the near term. At the same time, the MACD line has formed a buy signal after crossing above the signal line, which further suggests that Ripple may rally further.
BNB Coin (BNB)
BNB is also one of the best altcoins to buy as the BNB Chain records significant growth. Recently, the BNB Chain recorded a significant growth in trading volumes, with the number of BNB users rising by 56%. As this growth continues, it will bode well for the BNB token.
In terms of price, BNB is showing resilience. The AO bars have shifted to the positive side, but the RSI indicates that the selling pressure is still strong. If the uptrend continues, the next target for BNB price is the 78.6% Fibonacci level of $682.
Toncoin (TON)
Toncoin is outperforming the rest of the crypto market today as it trades at $4.01 with a 5.5% increase in 24 hours. These gains are being driven by whale activity with IntoTheBlock data showing that large transaction volumes increasing to $34 billion last week.
The rising whale activity and recent gains despite the market turbulence support the thesis on why TON is one of the best altcoins to buy. This whale activity further indicates a bullish Toncoin price forecast.
Shiba Inu (SHIB)
Shiba Inu price today trades at $0.0000123 with a 2% decline in 24 hours. Despite this dip, SHIB is still one of the top altcoins to buy because of the surging burn rate. Data from Shibburn shows that in the last 24 hours, this burn rate soared by over 700%, indicating that the meme coin’s supply is dropping significantly.
The 1-day chart further shows a bullish Shiba Inu price prediction. This meme coin has formed a falling wedge pattern, and it is testing the breakout from the upper trendline. This could result in an over 79% rally.
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Summary of Top Altcoins to Buy
Investment banking giant Goldman Sachs has predicted that the Federal Reserve will trim interest rates three times in 2025. These rate cuts could bode well for risk assets, and investors looking for the best altcoins to buy in case of a rebound should consider XRP, BNB, TON, and SHIB.
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Frequently Asked Questions (FAQs)
1. What are the top 4 altcoins to buy?
The best altcoins to buy now include XRP, BNB, TON, and SHIB. These altcoins have some strong fundamentals and a strong bullish outlook.
2. Why is TON price gaining today?
TON is gaining amid a surge in whale activity. IntoTheBlock shows that whale transaction volumes rose to $34 billion last week.
3. Can XRP price recover?
XRP price can recover as long as it defends the support level of $2. The hourly chart also shows a double-bottom pattern.
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muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
