Do College Savings and Cryptocurrencies Fit Well Together?

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The Street

By Brian O’Connell Should parents use cryptos for college savings? Cryptocurrencies have belly-flopped in recent weeks, with prices on Bitcoin and Ethereum — the two most widely-used cryptos — plummeting. Bitcoin has dropped about 50% of its value in the past two months and ethereum has fared worse of late, falling from $4,800 in November 2021 to $985 in June 2022. Simultaneously, a new study shows that U.S. parents continue to pour cryptocurrency assets into household college savings accounts. According toIntelligent, 87% of parents have invested in crypto to pay for kids’ college expenses,…

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