As of this writing, the overall cryptocurrency industry carries a market cap of $2.7 trillion. Investors have undoubtedly warmed up to digital assets in the past year or so, following the crypto winter of 2022.

The world's most valuable cryptocurrency, Bitcoin (CRYPTO: BTC), is getting a lot of attention amid the market's resurgence. Its price has skyrocketed 340% since the start of 2023, thanks to a number of positive developments, and is now in record territory.

It's understandable if you believe that the best move is to wait until there's a huge pullback. But I think that would be a mistake. Bitcoin still has huge upside, which makes it the ultimate cryptocurrency to buy with $1,000 right now.

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Source Fool.com