Better Cryptocurrency to Invest $10,000 In Right Now: Bitcoin or XRP (Ripple)?

Key Points

The Bitcoin currency is used widely and has potential catalysts for the future, such as establishing the U.S. Bitcoin Reserve.
XRP is a massive win and could be a big winner once more if the SEC accepts spot ETFs that control this digital currency.
The best choice depends on how many risks you’re prepared to take.

Although the temperatures have dropped a bit in this “crypto summer,” don’t count on a complete change in seasons. There’s still plenty of space for top cryptocurrency options to operate.

Bitcoin (BTC 0.61 percent) and XRP (XRP 2.37 percent) (Ripple) are regarded as two of the most sought-after digital assets. Which one is the best option for investing $10,000 today? Let’s compare Bitcoin and XRP.

Table of Contents

The argument for Bitcoin

Bitcoin is the king of all cryptocurrency. In addition, it is the second most used digital currency in the world. This alone makes Bitcoin more attractive to investors.

In the last year, Bitcoin’s value has nearly tripled. The expectation of a crypto-friendly policy during the Trump administration has been a key stimulus. However, in recent weeks, fears about the impact of the Trump administration’s restrictions have led Bitcoin to fall from its peak.

Past Bitcoin pullbacks have provided great buying opportunities. Could this be the next one? There’s a strong argument to support the answer, “Yes.”

President Trump named venture capitalist David Sacks a “crypto czar.” One of Sacks’ top priorities is examining the possibility of establishing a U.S. Bitcoin reserve. While no decision has been made, Bitcoin’s value would surely rise should a stockpile of digital assets be legally approved.

However, the U.S. government isn’t the only one watching for investors looking into Bitcoin. State-owned and central banks around the globe are boosting their cryptocurrency reserves. It is not surprising that Bitcoin is the most popular digital asset.

The introduction of Bitcoin exchange-traded funds (ETFs) in early 2024 spurred a wave of purchasing. With more ETFs holding Bitcoin just launched and many more in the pipeline, the digital currency could be a hot commodity.

GameStop is looking into investing in Bitcoin and various cryptocurrencies.

The argument for XRP

Although Bitcoin was created to function as a“digital gold,” XRP’s primary goal from the beginning of 2012 was to allow for payments. The idea was to be quicker than Bitcoin, which takes about three or five minutes to settle, compared to the 500-second wait for Bitcoin.

It’s ideal for cross-border transactions since XRP can be transferred from one person to another without a central intermediary. The token’s cost is low (only $0.0002 for each transaction,) and its scalability enhances its attraction.

XRP is among the top cryptocurrencies that have performed well in the past 12 months. Its price has increased by over 350 percent, accompanied by a dramatic drop in recent weeks when investors were nervous about the near future, mainly due to fears over the Trump administration’s trade wars.

A rebound may be coming for XRP. The most likely catalyst is the possible approval of spot ET, Fs, which hold the cryptocurrency. The likelihood that they will have the U.S. Securities and Exchange Commission (SEC) approve XRP ETFs seems pretty good.

Concerning the SEC, there is another reason why the federal agency is coming soon. The SEC brought a suit against Ripple, the company that developed the XRP ledger, claiming that the company markets XRP as a security that is not registered. The lawsuit, however, was initiated in the Biden administration. There is a chance that the Trump administration may try to settle the dispute in a manner that favors Ripple. If it does, it’ll likely cause the price of XRP to increase.

A better cryptocurrency for investing $10,000 in

Which of these cryptocurrencies is the most suitable one to invest your $10,000 in today? The answer will depend on the risk level you’re willing to accept.

If you’re more cautious, Bitcoin is the easy option. While Bitcoin has seen some volatility over the years, its losses aren’t as severe as those of XRP. The fact that several ETFs already have Bitcoin and that governments are stockpiling the currency adds to its appeal.

However, investors who are more adamant may consider XRP a more appealing investment. It is likely to have a better chance of gaining value in the next year or two, particularly if the spot ETFs focusing on XRP are approved and/or the SEC lawsuit is resolved.

Remember, however, that the values associated with each Bitcoin and XRP are based upon what the market feels they’re worth. The winter of crypto has been seen and is likely to be a thing of the past.

Do you need to invest $1000 in Bitcoin today?

Before you purchase a share in Bitcoin, take a look at these:

The Trading User Platform Stock Advisor analysts have determined what they believe to be the top stocks that investors can purchase currently… And Bitcoin was not among the top choices. The stocks that cut can generate massive profits in the years ahead.

Span data-uw rm-sr =””>Consider when Netflix put together this list on 17 December 2004… If you were to invest $1,000 at the time of our recommendation, strong data-uw rm-sr =””> you’d own $562,853!! *

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