The Best Cryptocurrencies to Buy Now as Czech Central Bank Invests $1 Million in Bitcoin
- Why Are Central Banks Buying Bitcoin Amid the Price Drop?
- Top Cryptocurrencies to Watch in November 2025
- Is Now the Right Time to Buy?
- FAQs
The Czech National Bank has made headlines by investing $1 million in Bitcoin, signaling a potential shift in institutional sentiment toward crypto. Despite Bitcoin’s recent dip below $95,000, "smart money" investors and institutions are buying the dip, with analysts predicting a bullish reversal to $170,000. Beyond Bitcoin, altcoins like XRP, privacy coins (Zcash, Dash), and Layer-2 projects (Starknet, bitcoin Hyper) are emerging as top picks for 2025. Here’s why these assets could dominate the next market cycle—and how to navigate the volatility.
Why Are Central Banks Buying Bitcoin Amid the Price Drop?
Bitcoin’s price has slumped to $94,500 (down 8% in 24 hours), breaching the critical 50-week moving average. Yet, institutions like the Czech National Bank (CNB) are seizing the opportunity, allocating $1 million to BTC as part of a digital asset custody pilot. This move is groundbreaking: central banks traditionally avoid volatile assets, but the CNB’s bet hints at growing crypto acceptance. Anchorage Digital and JPMorgan are also doubling down, with the latter forecasting a rebound to $170,000 after a potential bottom at $92,000.
Top Cryptocurrencies to Watch in November 2025
The new $XRPC ETF by Canary Funds saw $245 million in inflows and $58 million in volume on its first day—a record for 2025. This demand suggests XRP could challenge its all-time high soon.
Zcash (+8%) and Dash are outperforming the market, fueled by regulatory uncertainty and demand for anonymity.
Ethereum’s Starknet (STRK) surged 10%, while Bitcoin Hyper (HYPER), an upcoming BTC Layer-2, attracted a $500,000 whale investment pre-launch. Analysts call it a "leveraged bet" on Bitcoin’s growth.
Is Now the Right Time to Buy?
In my experience, panic sells and institutional buys often mark market bottoms. With the CNB’s move and JPMorgan’s $170K target, accumulating Bitcoin at sub-$95K seems strategic. For altcoins, diversification into high-conviction picks like XRP and HYPER could pay off—but expect turbulence. As one BTCC analyst noted, "Layer-2 projects are where ethereum was in 2020."
This article does not constitute investment advice. Always conduct your own research.
FAQs
Why did the Czech National Bank invest in Bitcoin?
The CNB aims to test digital asset custody solutions, acknowledging crypto’s role in future finance. Their $1 million pilot could inspire other risk-averse institutions.
Which altcoins have the strongest institutional backing?
XRP (via ETF inflows) and Bitcoin Hyper (pre-launch whale activity) currently lead in institutional interest.
What’s the outlook for Bitcoin’s price?
JPMorgan predicts a drop to $92K to fill the CME gap, followed by a rally to $170K. Technicals show a hidden bullish divergence on the 2-week chart.
