The Crypto Market Is Currently Struggling to Regain Momentum, with Bitcoin (BTC) Hovering Around $83k

The crypto market is currently struggling to regain momentum, with Bitcoin hovering around $83k. Amid this, investors are focusing on long-term opportunities.

A Democrat lawmaker has called on the US Treasury to block the Trump administration’s Bitcoin reserve plan, which is now the subject of greater scrutiny.

The crypto market is currently struggling to regain momentum, with Bitcoin (BTC) price testing crucial levels around $83K.

Its support region at $80K is coming under pressure, and technical analysts suggest that a breakout from the ascending triangle could result in a 9% price move.

However, with the BTC reserve facing increasing scrutiny, investors are focusing on long-term opportunities.

Here are four crypto tokens that are strong candidates to hold during this period of market uncertainty.

Bitcoin (BTC)

Bitcoin (BTC) price is currently testing crucial levels around $83K, with its support region at $80K coming under pressure.

As the market faces increasing scrutiny over Bitcoin reserves, attention shifts toward identifying the top crypto tokens to hold for optimal returns.

In a recent development, a Democrat lawmaker has expressed concerns over potential conflicts of interest as the Trump administration is placing a large sum of cryptocurrency in an account.

The cryptocurrency market has seen a surge in interest with the integration of blockchain technology and digital assets.

Among the most popular crypto tokens among retail investors are Bitcoin (BTC), Dogecoin (DOGE), SEI, and Pi Network (PI).

Bitcoin is the world’s leading cryptocurrency, known for its decentralized nature and scarcity.

It is secured by a distributed ledger and uses a PoW consensus mechanism.

Dogecoin (DOGE)

Dogecoin (DOGE) price has been trading around $0.1698, and many are speculating that the coin could see a significant price surge.

Recently, the DOGE price saw an addition of nearly 200,000 new wallet addresses. This marks the highest growth since late last year when an explosive rally was witnessed.

With the price of DOGE showing resilience, and speculation around a potential DOGE ETF, the coin is gaining traction as a strong long-term investment option in the crypto market.

Crypto analyst Ali suggests that DOGE could go parabolic if the $0.16 support level holds. A breakout from the resistance band could propel DOGE to $0.26.

Sei (SEI)SEI price surged by 7% after World Liberty Financial (WLFI), which is led by former US President Donald Trump, purchased 541,242 Sei (SEI) tokens for approximately $100,000.

This move helped the token recover from its lowest point since November 2023. SEI is currently being traded at $0.1991.

According to an analysis by blockchain analytics firm Arkham, a large sum of USDC was recently credited to one of World Liberty's main addresses.

The analysis indicates that the USDC was later used to purchase SEI on Ethereum. Afterward, the SEI tokens were credited back to the main World Liberty Financial address.

Pi Network (PI)Pi Network price is currently at a pivotal moment in its journey, with its cryptocurrency, Pi Coin, facing both excitement and skepticism.

As the price of PI hovers around $1.55, the market remains uncertain about its next move. However, the upcoming events, especially Pi Day on March 14, 2025, could significantly impact the token’s fate.

This date marks the 6th anniversary of Pi Network, where many anticipate major announcements. Among the key topics of discussion will be the potential listing of Pi on Binance, the world’s largest exchange by trading volume.