Forget AI Stocks: 3 Cryptocurrencies to Buy and Hold Instead
If the hype around AI stocks fades, these three cryptocurrencies could be headed much higher.
Overview
The cryptocurrency market has been surging higher in August, and inflows into crypto exchange-traded funds (ETFs) are once again turning positive. Investor sentiment about crypto hasn't been this high in nearly two years, and that has many thinking that the crypto market is about to go on an epic year-end rally.
The intensifying narrative is that the artificial intelligence (AI) investment thesis is about to collapse, with money now rotating back into crypto. If that's the case, then here are three cryptos that could have the biggest gains.
Details
It all starts with Bitcoin (CRYPTO: BTC), which has always been the market bellwether. As Bitcoin goes, so goes the crypto market. That's why there's genuine excitement in the crypto market right now, with Bitcoin posting 25% gains this month. That's one of the best Augusts on record for Bitcoin.
Source
Originally published at www.fool.com.
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