Got $1,000? Here's Why You Should Be Buying Bitcoin Right Now

2026-03-10 07:20:00 ET

Bitcoin (CRYPTO: BTC) is priced at about $68,000 (as of March 6), a far cry from its all-time high of $126,000 in October. Five consecutive down months have obliterated market sentiment about the coin, and exchange-traded fund (ETF) outflows have compounded the selling.

But buying assets that almost nobody wants is often when they're the cheapest relative to what they're actually worth. Rumors of Bitcoin's demise have been very much exaggerated. And that means if you're looking to allocate $1,000 into crypto right now, you should probably be buying Bitcoin -- here's why.

Image source: Getty Images.

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