Morgan Stanley holds $3.6 Millon worth of BTC

uptrendfinancialsignal

Verified member
A very big investment bank known as Morgan Stanley with a huge trillion dollar assets under it management holds humongous Bitcoin in dollars for their customers. The Investment bank has about 6.5 billion assets under it management and it is holding $3.6 million worth of GBTC.

It's been a while we had a positive news around bitcoin acceptance basically because of the decline in the price of the cryptocurrency . The cryptocurrency has declined tremendously to the extent that people did not want to associate with it anymore and they're sceptical of investing on it . It is highly important to also stressed that bitcoin will probably make a rebound according to the research that was made and if we continue to witness positive news like this one, we will continue to receive massive acceptance of Bitcoin here and there, the price of the cryptocurrency will go on the uptrend. This is going to happen in the future because cryptocurrency enthusiast are beginning to lay fears about taking up more bitcoin for future gain and they are obviously going to increase thte Bitcoin Holdings with the plight that it will increase in the future. We need to be very optimistic that bitcoin will increase in the future.
 

Lens1000

VIP Contributor
It is very interesting that despite the bearish movement in the of Bitcoin, cryptocurrency enthusiast are still holding it and they have the hope that the coin is going to increase and that is what we have been seeing happen recently because the coin has been increasing and it is gone above $20,000 presently. It has break the even and it is going up, they want to assumed that the bullish market has resumed just as it predicted by the cryptocurrency enthusiast and experts . Bitcoin is indeed a cryptocurrency to buy for future game. The time to keep accumulating bitcoin is now.
 

saoussen5765

Valued Contributor
It is very interesting that despite the bearish movement in the of Bitcoin, cryptocurrency enthusiast are still holding it and they have the hope that the coin is going to increase and that is what we have been seeing happen recently because the coin has been increasing and it is gone above $20,000 presently. It has break the even and it is going up, they want to assumed that the bullish market has resumed just as it predicted by the cryptocurrency enthusiast and experts . Bitcoin is indeed a cryptocurrency to buy for future game. The time to keep accumulating bitcoin is now.
People that hav a good amount of bitcoin could easily influence the bitcoin action or movement this is something good and bad in the same time as the decision from bitcoin will be based on Morgan Stanley decisions and not in the small investors decision this is why we must think about the two sides.
 
Top