Schwab Expands Crypto Offerings to Eligible Retail Clients

Charles Schwab has introduced direct trading of Bitcoin and Ethereum for eligible retail clients through its Crypto accounts. The service is now available to most U.S. residents, excluding those in New York, Louisiana, and U.S. territories, as well as international users.

This expansion comes at a time when Bitcoin's price is approaching $80,000, with positive on-chain capital impulse and ETF inflows boosting demand. However, the mixed signals surrounding the price near this level make it a critical juncture for its next move.