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Bitcoin price discussion and analysis

Bank of America ceo says banks want to get in on crypto. Might be a hard pump off this
 
Bank of America ceo says banks want to get in on crypto. Might be a hard pump off this
I saw a televised interview with the CEO of BAC last night our time and he said he and other banks would be interested in crypto if it became a medium of exchange for customers.

The interviewer went back at him a few times trying to get him to say otherwise and he reiterated if it became a medium of exchange for customers.

I believe this is the "for the record" view of all mainstream US banks, however you may be correct @moXJO as their job is to stay ahead of everyone else and the published view may be quite different from what they actually plan to do. They could well be trading BTC or your info is more up to date than mine.

gg
 
BTC falling, now down below 90K.
Have no idea what it means for future.
Mick

Looks like another down day on the NASDAQ tonight. High growth, high risk assets are having a little air taken out of them. AI stocks have been smashed in the last few sessions. I think crypto qualifies too, but it took a while for the down move to start.

If the market falls further, these assets will continue to suffer declines as investors flee to defensive stocks and other safe haven assets like gold and real estate.
 
BTC has been falling since midnight US time. Markets open in 3 hours time. It will be interesting to see whether BTC ETF's follow the fall in price directly or whether the funds holding them add to the drop. BTC price as of just now.

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gg
 
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