Cryptocurrency prices, including Bitcoin (BTC +0.29%), have been pummeled during the past few months as investors have rotated out of more speculative investments to safer ones. With the threat of tariffs rearing their ugly head again and investors concerned about how artificial intelligence (AI) might disrupt established companies and industries, desire to own digital currencies is on the wane.
The result is that Bitcoin has tumbled, and I think there’s a case for investors to put their money into a broad-market exchange-traded fund (ETF) right now. The Vanguard S&P 500 ETF (VOO +0.04%) is my personal favorite. Here’s why it’s a better buy than Bitcoin this year.
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Risky investments are losing their appeal
It wasn’t all that long ago that investors had a seemingly insatiable appetite for riskier investments. Consider that Bitcoin’s price reached its…
