Here's My Top Cryptocurrency to Buy in May
Heading into May, it's clear the crypto market has still not fully emerged from a long winter. Warnings of potential new bank failures, more Fed rate hikes, and continuing economic weakness have all dragged down the market recently. Over the past 30 days, most top cryptos are flat or down, as investors try to figure out what's next.
Against this backdrop, my top cryptocurrency to buy right now is Bitcoin (CRYPTO: BTC). It's the rare digital token that combines an element of safety with potentially enormous upside over the long haul. Let's take a closer look.
At a time when the U.S. is experiencing a banking crisis, Bitcoin has emerged as a potential safe haven for investors. With every new bank failure, it seems, investors are shifting their money out of traditional financial assets and into Bitcoin. In part, that has propelled its gains of nearly 70% this year.
Source Fool.com
