2 Cryptocurrencies to Buy Hand Over Fist in January
The recent pullback in the crypto market could be the perfect opportunity to buy the dip in undervalued cryptos. But which ones?
Two cryptos on my radar right now are Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL). Both started off the year with tremendous momentum, but are now trading a steep discount from where they were just a month ago. Let's take a closer look at the case for buying them now.
Bitcoin seemed to be a no-brainer crypto investment at the beginning of January. At that time, Bitcoin was trading around $45,000, and impending SEC approval of the new spot Bitcoin ETFs was supposed to send the price of Bitcoin soaring. But that simply has not been the case. Bitcoin now trades under $40,000, and concerns are mounting that the "buy the rumor, sell the news" phenomenon could continue to send Bitcoin lower.
Source Fool.com
