What Is One of the Best Cryptocurrencies to Buy Now?
Key Points
This dominant cryptocurrency’s market cap represents almost 60% of the entire industry’s value.
Despite huge past gains, there is still significant long-term upside.
- 10 stocks we like better than Bitcoin ›
The cryptocurrency market has gotten to such a size that it can no longer be ignored by investors. The entire industry is valued at $4.2 trillion (as of Oct. 8).
There are virtually an unlimited number of digital assets out there. Trying to choose where to park your hard-earned savings can seem like an impossible task. If this sounds like your current situation, the smartest idea is to keep things simple.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
What is one of the best cryptocurrencies to buy now? It's almost obvious where your money should go.
Image source: Getty Images.
Bitcoin remains the dominant cryptocurrency
Investors should consider buying Bitcoin (CRYPTO: BTC). It was the first cryptocurrency, now about 17 years old. And it's the most valuable, with a blockchain network worth $2.4 trillion.
Bitcoin has long dominated the digital asset market. And this isn't likely to change any time soon. Its market cap represents almost 60% of the value of the entire crypto industry. From top financial institutions and politicians to the average person, it gets most of the attention, too.
There is sizable upside over the next decade and beyond
The digital coin's market cap of $2.4 trillion could one day reach and even exceed gold's $27.3 trillion market value. Gold has the advantage of having been a primary store of value for thousands of years, and it's something that controllers of large pools of capital are familiar with.
However, Bitcoin's scarcity, portability, divisibility, and verifiability make it a superior asset.
Should you invest $1,000 in Bitcoin right now?
Before you buy stock in Bitcoin, consider this:
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*Stock Advisor returns as of October 7, 2025
Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.
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