The picks and shovels of the cryptocurrency world have been a worse bet than cryptocurrencies themselves lately.
The cryptocurrency market has been in sell-off mode lately, even though hundreds of millions of people are now trading bitcoin, ether, and other digital assets. Bitcoin is down 12% this year. Ether is down 19%. The overall crypto market is down about 19%, even as prices are off their yearly lows, according to data from CoinMarketCap.
https://www.wsj.com/articles/crypto-stocks-perform-worse-than-cryptocurrencies-11650338283?mod=rss_markets_main Crypto stocks are underperforming cryptocurrencies