My No. 1 Cryptocurrency to Buy Now That Donald Trump Won the Election (Hint: Not Bitcoin)
Crypto investors had been rooting for this election outcome.
Crypto stakeholders got exactly what they wanted with Donald Trump’s election win. The price of Bitcoin is at all-time highs of more than $85,000. Trump positioned himself as an advocate for crypto, pledging regulatory reform. I expect the sector to continue to march higher. While I am sure Bitcoin and many other cryptocurrencies will benefit, as many tokens tend to move in parallel, my No. 1 cryptocurrency to buy after Trump’s win is not Bitcoin.
Escaping regulatory uncertainty and gaining more exposure
Although Bitcoin has almost doubled this year, the price of XRP (XRP 10.38%) is down about 2%. Ripple Labs founders Brad…