3 Cryptocurrencies that I bought in October 2023

Bitcoin (BTC)

By surging by a whopping 70% so far this year, Bitcoin (BTC-USD) has further cemented its position as the cryptocurrency industry’s standard bearer. The halving extravaganza in 2024 has everyone’s attention, and it’s expected to spark a significant BTC price increase. Indeed, as popular interest in digital assets grows, the uncontested market leader BTC expects to see significant demand growth.

As the Bitcoin narrative moves into the realm of exchange-traded funds (ETFs), it picks up speed. A stunning $17.7 trillion in institutional money is reportedly considering Bitcoin ETFs, according to a recent research. In addition, the crypto market king has had an average return of over 35% in the fourth quarter over the last nine years.

Thus, each step not only further establishes Bitcoin’s role in the financial fabric but also ushers in a new age of mainstream crypto acceptance. Therefore, in a more favourable market next year, BTC is expected to rocket to even higher heights.

Cardano (ADA)

Due to its persistent dedication to scientific rigour, Cardano (ADA-USD) distinguishes out among competitors. Investors have had a mixed experience with the company, despite the fact that its research-driven philosophy provides a solid basis…