$13T Charles Schwab adds SOL, AVAX, and LINK as altcoins search for a bottom

If the trend does not reverse itself, the altcoin market could be heading into another capitulation phase. Looking at this from a technical point of view, TOTAL2 is just 15% away from erasing all of its Q3 profits. This could put short-term holders in the red and continue to cause capital outflows. This is getting increasingly risky as Ethereum’s Fear and Greed Index has already fallen by nearly 60% in Q4. In short, the overall sentiment in the altcoin space is now looking weaker. Against this backdrop, Charles Schwab’s latest announcement has given the altcoin sector a boost. The $13 trillion TradFi giant took to X to announce it has added Solana, Avalanche, and Chainlink to its crypto trading accounts, allowing eligible retail clients to buy and sell all three…

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