Charles Schwab will add SOL, AVAX and LINK to its cryptocurrency platform.
Charles Schwab has confirmed its plans to add Solana, Avalanche and Chainlink to its Schwab Crypto trading platform in the coming months; these are the first token additions since the service launched with only Bitcoin and Ethereum.
This expansion will make SOL, AVAX and LINK available in nearly 40 million Schwab brokerage accounts. No specific launch date for the three tokens has been announced yet.
This measure represents a significant expansion of Schwab’s digital asset offering, as one of the largest U.S. brokerage firms continues integrating cryptocurrency trading into its main financial services platform.
Bitcoin’s correlation with gold strengthens as fiscal concerns in the United States increase.
According to a Grayscale analysis, Bitcoin is increasingly aligning with gold and moving away from tech stocks trading on the Nasdaq. This shift reflects growing investor interest in the debasement of fiat currencies—a strategy tied to concerns that rising public debt will erode the purchasing power of those currencies.
U.S. debt levels and renewed fiscal uncertainty are cited as the main factors driving this repositioning. As macroeconomic conditions evolve, some investors appear to be considering Bitcoin less as a risk asset and more as a store of value alongside gold.
Grayscale’s findings suggest that the change in correlation is significant enough to indicate a broader shift in behavior in how institutional and retail participants value Bitcoin within a macroeconomic portfolio context.
Bitcoin stalls at $78,000 after being rejected above $81,000.
Bitcoin trades near $78,000 at the start of the weekend, caught between support at $77,000 and resistance at $80,000 after a sharp rejection from the August 28 high of $81,300.
A confirmed drop below $77,000 would open the door to the $75,000 area. A recovery above $80,000 would bring the August 28 high back into focus, along with the $82,000 to $83,000 zone.
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