Institutions rotate out of BTC into ETH — so what’s the best crypto to buy now?

Institutions are reallocating capital from Bitcoin into Ethereum, creating a stir in the crypto markets.

Amid this market shift, investors are asking what the best crypto to buy now might be.

While BTC and ETH show technical resistance and correction patterns, Remittix (RTX) is emerging as a utility-driven option.

Bitcoin shows signs of short-term correction

Bitcoin updates reveal BTC’s recent drop below $121K and $119K, testing support near $116,053K.

Analysts note heightened resistance around $120K over the past seven weeks.

Daily charts highlight a potential midterm reversal pattern with higher highs but bearish RSI divergence, indicating consolidation or a correction phase.

Crypto strategist Michaël van de Poppe suggested that BTC may be in its final correction before a possible rebound toward $160K.

source: TradingView

Despite these potential gains, Bitcoin updates point to near-term risk.

Failure to reclaim support above $116K could trigger further declines toward $112K, making timing critical for traders.

Institutions seem to be rotating out of BTC into more growth-oriented assets like Ethereum and alternative utility-driven tokens such as Remittix.

Ethereum sees increased selling pressure

Ethereum’s latest news shows ETH facing downward pressure after a strong month.

Over $210 million of ETH positions were liquidated in the past 24 hours alone.

Heavy outflows from US-listed Ethereum ETFs, some exceeding $272 million, suggest profit-taking by both institutional and retail investors.

On-chain activity also reflects increased selling, although ETH continues to hold above its 20-day EMA at $4,134.

Technical analysts cite a critical support point at the 50-day EMA around $3,651.

The long-term fundamentals indicate strengths, yet the short-term indicators are mixed when it comes to ETH.

The latest Ethereum news also stresses the necessity to observe the ETF inflows and outflows on the market, which still causes volatility.

source: TradingView

Why Remittix is catching investor attention

Conversely, Remittix is gaining momentum as a pragmatic, utility-oriented crypto.

The project facilitates cross-border payments, DeFi integration, as well as crypto-to-fiat transfers, which gives it a definite utility over and above speculation.

Over $20.2 million has been raised, with 608 million tokens sold, now priced at $0.0969 each.

A Q3 wallet beta launch and the upcoming CEX listing reveal add momentum and excitement for early investors.

Remittix appeals to both retail users and institutions seeking utility-driven blockchain solutions.

Its momentum contrasts with the short-term consolidation seen in BTC and ETH, making it a strong candidate for the best crypto to buy now.

Remittix key highlights

• Wallet beta launch in Q3 with real-time FX conversion
  
• Crypto to bank transfer in more than 30 countries
  
• Compatible with 40+ cryptocurrencies and 30+ fiat currencies
  
• Cross-chain DeFi project positioned as the project

Final thoughts

The rotation from BTC to ETH illustrates institutional strategies of reallocating risk while maintaining exposure to leading cryptocurrencies.

However, with Bitcoin updates and Ethereum’s latest news showing volatility and technical resistance, diversification into utility-focused projects like Remittix may offer better risk-adjusted returns.

Investors looking for the next 100x crypto, low gas fee alternatives, or a crypto with real utility are increasingly considering RTX, particularly ahead of its wallet launch and first CEX listing.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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