Gensler Highlights High Risk of Crypto Market as Bitcoin Emerges Outlier

SEC Chair Gary Gensler cautioned investors that most cryptocurrencies remain high-risk, citing a lack of fundamental backing. Notably, Bitcoin stands apart from this trend due to its clear regulatory profile and lower perceived risk. He highlighted the influence of ETFs and growing market trends on trading behavior in the sector, noting the rise of volatility across altcoins despite sustained global interest.