Bitcoin on Track to Reclaim $100K and Best Wallet Could Be the Top Altcoin to Buy This Week

Macroeconomic tailwinds are stoking bullish expectations for Q2 and Q3 in crypto.The United States and China are warming to a potential trade deal as US Treasury Secretary Scott Bessent heads to Switzerland for talks with Chinese representatives.This good news has helped push Bitcoin back above $96,000 and signals a higher time-frame rally is on the horizon. It also presents a brighter outlook for the altcoin market. One project set for strong gains is Best Wallet Token ($BEST), which aims to revolutionize crypto storage and on-chain activity.Bitcoin is tipped to smash the $100,000 mark this month and potentially enter into price discovery in the weeks thereafter. But if that happens, it opens the door for emerging projects like Best Wallet Token to yield substantially bigger gains. Whispers of up to 100x returns are circulating in some trader circles.For investors seeking to capitalize on the growth potential of Best Wallet Token, the project is currently undergoing a presale, where it has raised $12 million so far. The presale’s early momentum and strong use case are causing a buzz among analysts.Investors can buy $BEST at its current price of $0.024985, but this will rise throughout the ICO, with the next uptick in under one day.Bitcoin expected to break $100K as US, China move to squash tariffsBitcoin crossed the $96,000 barrier and briefly tested $97,000 in the early hours of Wednesday.Prominent analyst Mustache notes that Bitcoin’s price action is about to trigger a crucial signal on the MACD indicator. The analyst says the “weekly MACD for $BTC is close to a bullish cross,” which will catapult Bitcoin beyond $100K and toward $160,000 by early Q4.#Bitcoin Weekly MACD for $BTC is close to a bullish cross.2023, the same = rally thereafter.2024, the same = rally thereafter.Is this time different? pic.twitter.com/mDsWeDwyMy— Moustache (@el_crypto_prof) May 7, 2025 Technical indicators reflect fundamental drivers, and right now, the fundamentals are all focused on macroeconomics.Notably, the United States and China are set to negotiate a trade deal in Switzerland – and that’s providing relief across financial markets.Scott Bessent called the current trade tariffs “unsustainable” ahead of this coming weekend’s Switzerland visit.Meanwhile, both nations have also had important macroeconomic meetings this month. The Chinese central bank slashed interest rates from 1.5% to 1.4% and announced plans to inject 1 trillion yuan ($136 billion) into its economy on Tuesday.The Federal Reserve is also meeting on Wednesday to determine whether to cut interest rates in the United states. There’s less than a 5% chance of a rate cut this time, but a 74.8% chance of a cut by 30 July, per CMC Markets’ FedWatch Now tool.Decreasing trade tariffs and interest rates coinciding with rising global liquidity is the perfect cocktail for risk-asset prices to soar. It’s these macroeconomic drivers which are setting a bullish precedent for Bitcoin and the broader crypto market.Best Wallet set to ride the rising tide of crypto adoptionShould the Bitcoin price rise to $160,000 as Mustache expects, it’ll attract new users to the crypto market and cause altcoin prices to rally. Typically, fundamentally sound altcoins will outperform Bitcoin in bullish market periods due to their lower valuations.But Best Wallet Token isn’t just a standard altcoin; it’s an avant-garde ecosystem changing how users interact with blockchains.To maximize trading opportunities and ensure their funds are protected, new crypto investors should offload their funds from centralized exchanges and into a non-custodial wallet as quickly as possible.And when it comes to non-custodial wallets, Best Wallet goes well beyond the offerings of its peers.It supports over 60 different blockchains including Bitcoin, Etheruem, XRP, Solana, Cardano, and Avalanche. This alone separates it from current industry-leading wallets like MetaMask and Trust Wallet.Beyond that, the project has its own built-in DEX that’s connected to over 330 other exchanges and 30 bridges to always provide the best price on token swaps.Other features include a crypto debit card, a presale aggregator, a staking aggregator, an NFT gallery, advanced fraud protection, fiat on- and off-ramping and more.With a product set to generate substantial demand as crypto adoption rises, analysts think Best Wallet Token could give huge gains. For instance, RJ from the prestigious Cryptonews YouTube channel says it could give 100x returns. Get trading fee discounts, higher staking rewards with $BESTTo get the most from Best Wallet, users must hold Best Wallet Token. It provides trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects.These perks are why $BEST could generate huge demand and why its price could potentially rocket up to 100x higher.However, the $BEST presale price will gradually increase throughout the campaign, so investors seeking the most upside potential shouldn’t wait to get involved.Follow Best Wallet Token on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.Visit Best Wallet Token PresaleThe post Bitcoin on Track to Reclaim $100K and Best Wallet Could Be the Top Altcoin to Buy This Week appeared first on CoinCentral.