Should You Forget Bitcoin and Buy XRP Instead?

Bitcoin's (CRYPTO: BTC) price has doubled during the past 12 months. Several catalysts drove the world's top cryptocurrency higher: The approvals of the first Bitcoin spot price exchange-traded funds (ETFs) in January, its halving in April which cut its mining rewards in half, the Federal Reserve's long-awaited interest rate cut in September, and its growing adoption as a recognized currency in countries like El Salvador and the Central African Republic.Bitcoin's recovery could convince many investors that it's a stable long-term asset like gold or silver. It already has a market cap of $1.4 trillion -- compared to gold's market cap of $18.6 trillion and silver's market cap of $1.9 trillion -- and is now the world's 10th most valuable asset.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool