Here's My Top Cryptocurrency to Buy in August
Cryptocurrencies were off to a hot start in 2023, but the gains have cooled down in the last couple of months. With several potentially game-changing catalysts on the horizon, this slowdown looks like a great opportunity to pick up some Bitcoin (CRYPTO: BTC) on the cheap.
Crypto investors appreciated a stabilizing global economy this year where volatile investments didn't feel hugely risky anymore. The crypto scandals of 2022 also started to feel like fading memories, rather than portents of never-ending market plunges.
At the same time, regulators and institutional investors were taking crypto tokens more seriously. These tailwinds drove Bitcoin's price 83% higher in the first half of the year.
Source Fool.com
