Crypto stocks are underperforming cryptocurrencies

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. Crypto stocks are underperforming cryptocurrencies

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