Despite the massive growth that’s occurred in the cryptocurrency market through 2020, the perception of the more than decade-old asset class is still fairly monolithic. And while part of this lack of dimensionality is because of the outsized role that bitcoin plays in the market, representing about two-thirds of the entire digital asset market cap, it’s also a symptom of the one-dimensional analysis that often generalizes the behavior of vastly different kinds of digital assets into a single market.
It’s a state of affairs that stood out to the co-founders of cryptocurrency accounting platform ACCOINTING.com, and one they are hoping to change with the new suite of tracking and community tools recently introduced to the platform.