Cryptocurrencies have enjoyed a strong resurgence in 2023. Bitcoin (BTC) is up by about 78% as of Aug. 10, and Ethereum (ETH) has rewarded investors with a year-to-date gain of about 55%. Renewed interest in the alternative asset and institutional investors pouring into crypto have contributed to the rally.
Investors can choose from thousands of altcoins to diversify their crypto portfolios. Cardano (ADA), XRP (XRP), Solana (SOL) and Dogecoin (DOGE) are some of the top altcoins by market cap.
Cryptocurrencies can continue to rally and generate long-term gains as more businesses use blockchain technology and institutional investors accumulate crypto. Here’s what you need to know about how to invest in cryptocurrency.
This post originally appeared at U.S. News & World Report.