![\"Bitcoin](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/04\/Bitcoin-BTC-price-chart-5-Best-Layer-1-Blockchain-Cryptocurrency-to-Invest-in-Now.-1024x609.png\")
<\/p>\nThe cryptocurrency market has suffered a dip. Having had a good couple of weeks, its total cap has fallen by 3.5% in the past 24 hours, to $2.19 trillion. Most major coins have also fallen by similar percentages, although the market remains around 10% up in the past fortnight. This is a good posting, and for the most part, it’s layer-1 cryptocurrencies doing much of the legwork here. We’ve therefore highlighted some of the most promising in this list of the 5 best layer-1 blockchain cryptocurrency to invest in now.<\/p>\n
Bitcoin, bitcoin, bitcoin. The market begins and ends with bitcoin, which explains why it’s down today, because BTC has fallen by nearly 3% in the past 24 hours. At $45,287, it has declined by 4.5% in the past week, but risen by 18% in the past month.<\/p>\n
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BTC is currently coming down after the euphoria of its mini-recovery over the past few weeks. Its relative strength index (in purple above) has slid close to 30, signalling that the market is overselling it. Likewise, its 30-day moving average (in red) is inching down towards its 200-day average (in blue). If it crosses underneath, this could indicate a bearish period. But then again, previous ‘death crosses’ over the last month or so haven’t lasted for long.<\/p>\n
Either way, BTC is in a good position. It continues to witness accumulation, with MicroStrategy buying a further 4,167 BTC<\/a> in the past day. On top of this, the amount of BTC that hasn’t moved for at least 12 months has now equalled its all-time high of 64%.<\/p>\n The amount of #Bitcoin<\/a> that has not moved for 12months or more has now equalled its all-time high of 64%<\/p>\n Last time this happened price was $10-11k before a huge rally pic.twitter.com\/GX9LfNVlRl<\/a><\/p>\n — Alistair Milne (@alistairmilne) April 5, 2022<\/a><\/p><\/blockquote>\n\n