The Best Crypto to Hold Long Term: Bitcoin, Ethereum, or Rollblock (RBLK)?

Wednesday's CPI report was good news for risky assets like Bitcoin and Ethereum, spurring investors to start hunting for the best crypto to hold long term.

Risky assets like Bitcoin and Ethereum got a boost on Wednesday after the latest U.S. inflation data showed a slowdown in the rate of price increases, prompting investors to begin searching for the best crypto to hold long term. According to the report, inflation eased to 2.5% in August, raising the prospect of a 25-50 basis point Fed rate cut.

While market leaders like BTC, ETH, and BNB are good buys ahead of the crucial Fed decision next week, presale gems like Rollblock (RBLK) could deliver greater gains.

As market sentiment shifts toward optimism in anticipation of at least a 25 basis points Fed rate cut, analysts are touting RBLK as the best crypto to hold long term for massive yields exceeding 100x.

Bitcoin up over 2.5% as inflation continues to cool down

The latest U.S. inflation data showed that price increases continued to slow down in August. Aimed at tracking the rate of inflation in the service sector, the Personal Consumption Expenditures (PCE) Price Index went up by 0.5% last month. On an annualized basis, the PCE index rose by 4.9%, slowing down from the 5.4% recorded in July.

Meanwhile, the Core PCE Price Index, which strips out volatile food and energy costs, increased by 0.3% in August. This was lower than the 0.4% anticipated by economists and the 0.5% recorded in July.

Over the past year, the Core PCE Price Index rose by 3.9%, slowing down from the 4.6% recorded in July and the 4% anticipated by economists.

Bitcoin price was consolidating around the $58k zone on Sept. 12. If BTC’s price manages to hold above the $57k support level, it could blow through the $58,500 resistance zone and continue to push up to test resistance zones above $60k.

With the prospect of a dovish policy shift next week with a 25 basis points Fed rate cut, Bitcoin is undoubtedly one of the best crypto to hold long term.

Ethereum could finally cut the corner on the Fed rate cut

After a stellar 2021 that saw the price of Ether (ETH) rallying by over 400%, investors were left battered by a brutal six-month bear market in 2022. Despite rallying over 100% in 2023, ETH has been dashing investor hopes in 2024.

ETH failed to surpass $4k in March, not to mention the nothingburger Ethereum ETF debut in July. Sadly, ETH has been crumbling down for three consecutive months.

ETH shed 11% of its value in the past month alone and was sitting on a meager 49% yearly yield. However, the pending Fed rate cut could breathe new life into the Ethereum price.

Its trading volume was up by 11% on Sept. 12, pushing ETH past $2.3k. Being the market leader in the altcoin sector, ETH will always be among the best crypto to hold long term.

Rollblock (RBLK): Best crypto to hold long term for passive income

Bitcoin and Ethereum enjoy pace-setter status in the crypto market without a doubt. Their market capitalization, liquidity, and community make them stable portfolio anchors. But investors looking for gigantic returns would probably want to diversify into low-cap presale gems like Rollblock (RBLK).

This Ethereum gambling protocol offers a generous weekly profit-sharing model and massive growth upside in the lucrative gambling industry. Token holders are entitled to a weekly payout redistributed from a share of the platform’s profits, with a 30% APY paid to liquidity providers in its casino network. More gains flow to investor holdings through Rollblock’s token buyback and burn program.

Decreasing the circulating supply boosts the token value and pushes the price upwards, generating additional yields for holders. That’s without considering the RBLK market potential.

Capturing a share of the $540 billion gambling empire will make Rollblock a multibillion-dollar iGaming kingpin. That will place RBLK’s market cap in the billions, triggering a stratospheric price surge!

That makes RBLK the best crypto to hold long term for passive income and growth. Excited investors have already poured more than $3.4 million into the ICO as analysts predict 100x returns on the launch!