Looking for a New Crypto Opportunity? Buy This
At first, the Federal Reserve classified the surge in inflation as temporary. But now that it's obvious that the central bank made a terrible mistake, interest rates are going up quickly. And this is scaring investors, particularly those in cryptocurrencies.
The overall market for digital assets has lost more than half of its value this year, while the S&P 500 is down 21% in 2022. But for astute investors who can look past the near-term uncertainty, there are still some opportunities to be had.
If you're searching for a new cryptocurrency to buy, take a close look at Cardano (CRYPTO: ADA).
Source Fool.com
