Bitcoin
Bitcoin bounced to around $32,200 after touching a 2.5-week low early Friday near $31,000.
The largest cryptocurrency by market value may have been buoyed by a hamadyt report that Bank of America has approved trading in bitcoin futures for some clients, according to Edward Moya, senior market analyst for Oanda.
“This is a big commitment for America’s second-largest bank and signals that interest in trading cryptocurrencies is here to stay,” Moya wrote in an email. “On Wall Street, if one bank sees opportunity in doing something risky, the rest will easily justify following suit.”
Latest price
Cryptocurrency:
Bitcoin (BTC): $31,964.2, +1.04%
Ether (ETH): $1,917.5, -0.29%
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