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.”

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