Warnings Signs Ahead: Cryptos in 401k Plans?
Since its beginnings in 2008 with Bitcoin, cryptocurrency has changed the investing landscape forever. Since that time, the industry has grown to more than 10,000 “cryptos” by March 2022. This explosive growth is most noteworthy from March 2020 with a total market capitalization of $179 billion to November 2021 when it reached its high of over $3 trillion. But if anything characterizes cryptocurrency, is its price volatility — and by mid-May 2022, the total market had plunged to just over $1.3 trillion
This article is intended strictly for educational purposes only and is not a recommendation for or against cryptocurrency.