Women Step Up Trading in Bitcoin, Other Cryptocurrencies

More women are investing in cryptocurrency, as Coinbase Global Inc.’s initial public offering and bitcoin’s recent record-setting high help bring the asset class further into the mainstream. Several cryptocurrency exchanges and online brokerage firms are reporting an increase in the number of women trading crypto in the past year. Some are expecting that number to rise further, thanks in part to investors’ greater awareness of the asset class, their desire to buy into hot markets and the promise of boosting their savings. At the same time, some people who are using volatile markets to save expose themselves to the risk of having months of gains wiped out when the winds shift. One in four customers who traded crypto so far in 2021 on the Robinhood Markets Inc. platform is a woman, said Christine Brown, chief operating officer of Robinhood Crypto. The firm said fewer women trade crypto on its platform…

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