Bitcoin Soars To $105,125 Amid Institutional Investments, X Founder Proposes BTC Rebrand
Bitcoin (CRYPTO: BTC) has hit $105,125, a 2.8% jump in the past 24 hours. The rise came as cryptocurrencies are gaining acceptance in traditional finance and an influx of institutional money could push Bitcoin’s price further.
JP Morgan Chase & Co (NYSE:JPM) made the decision to offer Bitcoin access to its wealth management clients as its CEO, Jamie Dimon, has recognized a growing appetite for digital assets.
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Morgan Stanley (NYSE:MS) to discuss with regulators ways to allow crypto safely. The bank would ask financial advisors to bring ideas on spotting bitcoin exchange-traded funds to make them available for qualified customers.
JP Morgan has predicted that Bitcoin is ready to outperform gold in 2025. According to The Defiant, Bitcoin will witness upside …
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