The cryptocurrency market could be on the verge of a bullish breakout in July, as investors anticipate the upcoming Federal Reserve interest rate cuts and the US Dollar Index (DXY) plunge gaining steam.
This article examines some of the best cryptocurrencies to buy following the delivery of dovish forecasts by Goldman Sachs and Morgan Stanley.
Best Crypto to Buy Amid Dovish Fed Forecasts
Crypto prices could surge in July after Goldman Sachs analysts predicted that the Fed would slash interest rates in September, rather than their previous forecast of December. Also, the bank now expects three cuts this year.
The analysts cited the fact that Donald Trump’s tariffs have not had a major impact on US inflation. They noted:
“While it is far from clear, we think the odds of a cut in September are somewhat above 50% because we see several routes to get there—underwhelming tariff effects, larger disinflationary offsets, and genuine labor market softness.”
Goldman Sachs’ Fed cut forecast mirrors that of Morgan Stanley, whose analysts noted that the bank would cut rates this year and deliver seven cuts in 2026.
Federal Reserve governors Christopher Waller and Michele Bowman have called for the bank to cut rates by 0.25% at the upcoming July meeting, a move that Jerome Powell has downplayed.
The rising Fed cut odds explain why the US Dollar Index (DXY) has plunged to $96, down by over 12% from its highest point this year. It also explains why the S&P 500 and Nasdaq 100 Indices jumped to a record high, and why the crypto market rally could continue.
The best crypto to buy is that with solid fundamentals and technicals. Some of the best to consider are Bitcoin Pepe (BPEP), Aerodrome Finance (AERO), and Bitcoin Cash (BCH).
Bitcoin Cash (BCH)
The daily chart indicates that the BCH price has experienced a sharp increase over the past few months. It has soared to $520, its highest point since December 18.
BCH price has moved above the 61.8% Fibonacci Retracement level at $492, a sign that bulls are in control. It has also formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other.
The Bitcoin Cash price remains above these averages, while top oscillators, such as the Relative Strength Index (RSI) and the MACD, have pointed upwards. Therefore, the token will likely continue rising as bulls target the next key resistance level at $557, the 78.6% retracement level.
Aerodrome Finance (AERO)
AERO price has been in a strong uptrend in the past few months, moving from a low of $0.2708 on April 7 to the current $0.8315. It has formed an ascending channel and is slightly above the 23.6% Fibonacci Retracement point.
AERO price has moved above the 50-day and 200-day moving averages, a sign that bulls are in control for now. Therefore, the token will likely continue rising as bulls target the 50% retracement at $1.3082. This view will be confirmed if it moves above the upper side of the channel.
READ MORE: XRP Price Prediction for July: Is it Safe to Buy or Sell Ripple?
Bitcoin Pepe (BPEP)
Bitcoin Pepe is another top crypto to buy for substantial gains in the coming months. Unlike BCH and AERO, which are available in exchanges, BPEP is in a highly successful presale.
Data shows that the network has raised over $16.2 million from investors, a trend that is likely to continue in the coming weeks. In a statement released today, June 30, the developers announced that the project will be listed on MEXC, BitMart, and Uniswap. It will be revealed later this month.
Bitcoin Pepe has become highly successful due to its goal of disrupting the meme coin industry. It aims to achieve that by creating the biggest meme coin-focused layer-2 network in Bitcoin. Hurry up and buy BPEPE here.
READ MORE: Pi Network Price Prediction in July 2025: Will Pi Coin Surge or Crash?
