La Culex ($CULEX), XRP, and Avalanche are entering the week under the shadow of broader market hesitation. The Asia Market Open reports that crypto momentum has stalled as Bitcoin sinks below $113K ahead of the Federal Reserve’s rate decision. This decline has investors scanning for the top crypto to buy today, focusing on coins with growth potential despite macro uncertainty.
Market Influences and Regulatory Concerns
The Federal Reserve is widely expected to cut rates by 25 basis points. Analysts believe this decision could inject liquidity and revive risk-on sentiment in the digital asset space. However, not all news is bullish. Australia’s corporate regulator, ASIC, has barred Blockchain Global director Ryan Xu from leaving the country while investigating the collapse of his crypto exchange.
The Federal Court’s interim order, issued on October 20, restricts Xu from traveling until December 20. This action comes ahead of an October 30 deadline.