Given the uncertainty around tariffs, some investors are starting to view Bitcoin as digital gold and a store of value. If the current trade tensions intensify, Bitcoin could challenge the U.S. dollar as the world's reserve currency. Crypto prices have collapsed as President Donald Trump's trade war has expanded.
More investors are warming up to the idea that Bitcoin could be a legitimate store of value, especially with the availability of ETFs. XRP was created by Ripple, and it has a real use case, which sets it apart from most other cryptocurrencies. Bitcoin and XRP are coming off strong gains in 2024, but one looks like a better buy than the other.
Over both a 12-month and five-year time period, Strategy stock has outperformed Bitcoin. Strategy has gone all-in on its Bitcoin acquisition strategy, even going so far as to rebrand itself as a Bitcoin Treasury Company. Strategy's stock market valuation is now completely dependent on the price of Bitcoin continually rising.