*No commission on trades of crypto. Other fees may apply, such as for Robinhood Connect. Check out Robinhood Crypto’s Fee Schedule for details. Best cryptocurrencies to invest in The king of all cryptocurrencies, Bitcoin, was 1st and the most well-known cryptocurrency on the market. It also benefits from the largest market cap and is among the most highly traded cryptocurrencies, assuring liquidity to investors. Bitcoin is the king when it comes to retail and institutional adoption. Most altcoins will follow Bitcoin's price trend, so if Bitcoin does poorly, it's likely altcoins will bleed too.
Cryptocurrencies are digital assets that are usually created using a cryptographic computer networking technology called blockchain, which makes it possible to exchange them without the need for a central authority such as a bank. Cryptocurrencies are traded on public exchanges, but they are generally not subject to the same regulations as stocks and other traditional investment products. Top Gainers of the Week: On January 10, the SEC finally approved 11 spot bitcoin ETFs following years of repeated rejections. Investors have had access to SEC-approved bitcoin futures ETFs since late 2021, but the new spot ETFs are the first to invest in the cryptocurrency itself rather than cryptocurrency derivative contracts.