After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto.
Category: Wall Street
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The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately has reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000.
Bitcoin’s drop below $30,000 has sparked worries that it is heading to $20,000 next, but is such a massive drop feasible against the backdrop of current macro fundamentals?