America banking on crypto
- Bank of America (BoA) analysts have said that the cryptocurrency’s $2 trillion market value and 200 million users means the digital asset universe is too large to ignore.
- BoA analysts also said they believe crypto-based digital assets could form “an entirely new” asset class.
- Analysts also noted that the promise was more than just Bitcoin, noting that the leading cryptocurrency “is important with a market value of about $900 billion, but the digital asset ecosystem is so much more.”