Not all crypto is equal: Schwab maps where the money actually is in digital assets
Charles Schwab has released a report analyzing the distribution of wealth within the cryptocurrency market, revealing significant disparities among different digital assets. The report highlights that Bitcoin and Ethereum dominate the market, accounting for a substantial portion of total cryptocurrency value. In contrast, many altcoins struggle to gain traction and maintain value. Schwab emphasizes the importance of understanding these distinctions for investors, as not all cryptocurrencies offer the same potential for returns or stability. The findings suggest a need for careful evaluation when navigating the diverse landscape of digital assets.
Read the full article: CoinDesk