Massive-cap cryptocurrencies remained fashionable amongst retail merchants regardless of weaker value motion in 2022.
What Occurred: In a presentation delivered on the 2022 convention on Thursday, Robinhood (NASDAQ:) Markets Inc’s (: HOOD) Chief Product Officer Aparna Chennapragada revealed that Bitcoin (CRYPTO: BTC) is the primary “recurring purchase” asset year-to-date.
The main digital asset beat out Apple Inc (NASDAQ: NASDAQ:), which was the second most purchased asset.
was extra continuously purchased than Tesla Inc (NASDAQ: TSLA) and the 2 belongings ranked third and fourth on Robinhood’s high recurring purchase checklist.
(CRYPTO: DOGE) was the sixth most purchased asset this 12 months, becoming between the Vanguard 500 Index Fund ETF (NYSE: VOO) and SPDR S&P 500 ETF Belief (NYSE: SPY (NYSE:)).
Amazon.com, Inc. (NASDAQ: NASDAQ:), Microsoft Company (NASDAQ: NASDAQ:) ranked eighth and ninth on the checklist, adopted by the Vanguard Complete Inventory Market Index Fund ETF (NYSE: VTI) which took the ultimate spot.
See Additionally: 2 Million Robinhood Customers Lastly Get Crypto Wallets To Transfer Bitcoin, Ethereum, Dogecoin Off Platform
Worth Motion: In accordance with knowledge from Benzinga Professional, Bitcoin was buying and selling at $43,511, up 0.33% within the final 24 hours on the time of writing. Ethereum was buying and selling at $3,255, up 1.2% and Dogecoin was buying and selling at $0.15, up 4.39% over the identical interval.
© 2022 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
Learn at Benzinga