With the U.S. Senate Banking Chairman setting August deadline for major cryptocurrency bills, here are 3 altcoins to buy.
U.S. Senate Banking Committee Chairman Tim Scott Reveals Most Crypto Bills Will Be Passed By August, Explore the 3 Best Altcoins to Buy Today.
Highlights
Top altcoins to buy are XRP, SOL and Pi Coin after Senate Banking Chairman said most cryptocurrency bills will be passed by AugustXRP is showing bullish signs today as technical indicators suggest that upside momentum is building. Analysts believe that if the Solana price decisively closes above $120, it will quickly reach $180.
Senate Banking Committee Chairman Tim Scott said that most pending cryptocurrency bills will be passed by August 2025, after which the U.S. cryptocurrency market appears ready for a bullish trend. As this deadline approaches, cryptocurrency traders are searching for the best altcoins to buy in order to reap significant gains as demand for the digital asset rises.
Senator Scott’s recent comments coincide with a notable recovery in the cryptocurrency market on April 13. At press time, Bitcoin and all of the top ten altcoins are trading slightly higher, with the total cryptocurrency market capitalization at $2.79 trillion.
With the U.S. emerging as a leading cryptocurrency hub, this rally could continue in the coming months. According to Senator Scott, the upcoming crypto bill will ensure that the United States maintains a dominant position in the digital asset space.
Earlier, US President Trump signed the first cryptocurrency-related bill. The bill, signed earlier this week, seeks to remove tax reporting requirements for the DeFi industry.
Top altcoins to buy before August
With the United States being one of the most crypto-friendly countries, the top altcoins that investors can buy right now and earn solid gains are Ripple (XRP), Solana (SOL), and Pi Network (PI).
Ripple (XRP)
XRP is one of the best altcoins to buy today. One of the reasons why Ripple is worth buying is that it is the largest US altcoin by market cap. Therefore, XRP will benefit greatly as the U.S. crypto regulatory framework changes.
The four-hour XRP price chart shows that the altcoin is in an uptrend. The RSI has risen to 63, showing that buying pressure is prevalent. Meanwhile, the MACD lines and green histogram bars support the bullish thesis.
If the uptrend continues, XRP price could break the $2.23 resistance level. Doing so would trigger a 17% rally to the 161.8% Fibonacci level at $2.61. If Ripple reaches this level, it could pave the way for further gains to new highs above $3.
