3 Cryptos You’ll Regret Not Buying Soon: December Edition

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The cryptocurrency space continues to evolve. It is becoming more entrenched in global financial systems and normalized in the process. This normalization has led to this list of cryptos to buy to December.

The cryptocurrency space continues to be dominated by leading names, including Bitcoin (BTC-USD) and Ethereum (ETH-USD). They will continue to dominate the market in 2024, and as they move, so will altcoins.

Growth is returning, manifesting as continued Capital inflows into the cryptocurrency market. The current market cap is above $1.6 trillion after beginning 2023 at just over $800 billion. There is plenty of room left to grow, given that the market cap reached 2.8 trillion in late 2021.

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So with that context out of the way, here are the cryptos to buy for December.

Bitcoin (BTC-USD)

Hands mimicking Michelangelo pose from Sistine Chapel, with one hand holding a Bitcoin (BTC) coin and another hand reaching for the coin against a purple backdrop
Hands mimicking Michelangelo pose from Sistine Chapel, with one hand holding a Bitcoin (BTC) coin and another hand reaching for the coin against a purple backdrop

Source: shutterstock.com/Unknown man

Bitcoin (BTC-USD) Has risen sharply throughout 2023, which might dissuade some investors from considering purchasing at this point. However, that’s a bad idea.

Everyone is aware of spot Bitcoin ETFs and their likelihood of becoming a reality in 2024. Bitcoin ETFs, or a near certainty at this point, will further normalize the wider adoption of cryptocurrency into the overarching financial system.

Thus, that’s why I and many other people remain bullish on Bitcoin even as it has passed the $40,000 mark. Remember, Bitcoin rose above $60,000 in 2021. It has since become more normalized, making the investment case that much easier overall.

Bitcoin also remains by far the most important cryptocurrency and dominates the space. As it goes, so goes everything else in the space. If you believe that cryptocurrency is going to continue to rise in value in 2024 due to lower interest rates, then you have to consider that Bitcoin must be one of those cryptos to buy.

Hedera (HBAR-USD)

cryptocurrency on a black background
cryptocurrency on a black background

Source: WHYFRAME / Shutterstock.com

Hedera (HBAR-USD) is a great position heading into 2024 as cryptocurrency continues to become more and more normalized. It is known as the leading enterprise use case cryptocurrency that will matter more.

The company lays out a bunch of reasons for which enterprises should consider using it on its website. Those reasons include fraud detection and mitigation, asset tokenization, and permissioned blockchain development.

It’s easy to assume that more and more Enterprises will be considering blockchain and cryptocurrency as cryptocurrency further integrates. Hedera has already carved out a strong position there, which will benefit the company in 2024.