22.12.2024 11:11:00
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Bitcoin Has Hit a New All-Time High. Here Are 2 More Affordable Alternative Cryptocurrencies.
On December 17, Bitcoin (CRYPTO: BTC) hit a new all-time high above $108,000. While Bitcoin has been fairly volatile, it's still up more than 50% since the presidential election. And it is up a staggering 148% year to date.However, Bitcoin might be overheating. After all, Bitcoin is now up more than 500% over the past two years, and the market might be overvaluing some of the pro-Bitcoin promises made by the incoming Trump administration. With that in mind, here are two affordable alternatives that could turn out to be undervalued gems.Like Bitcoin, Cardano (CRYPTO: ADA) has had a strong post-election rally. However, it is still up only 74% for the year. That's well behind the torrid pace of Bitcoin, leading me to think there's still upside potential ahead for Cardano.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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