"Bitcoin price ripped back above $91,000 on Tuesday, extending a powerful rebound as Wall Street institutions deepen their push into digital assets. The bitcoin price traded at $91,089 at press time, up 8% over the past 24 hours. Trading volume surged to $78 billion, marking one of the strongest sessions of the past month. Bitcoin price is now sitting just above its 7-day high of $89,966 and remains 7% above last week's low of $83,989."
"Bank of America is making its most aggressive move into digital assets yet. The bank will now allow its 15,000 wealth advisers to recommend a 1%-4% crypto allocation, a dramatic shift that brings one of the country's largest institutions fully into the Bitcoin ETF era. The change takes effect January 5, when the bank's chief investment office begins formal research coverage of four leading Bitcoin ETFs:Bitwise BITB, Fidelity FBTC, Grayscale Bitcoin Mini Trust and BlackRock IBIT"
Bitcoin rebounded to $91,089, rising 8% in 24 hours with trading volume of $78 billion, one of the strongest sessions in a month. The price sits above a 7-day high and 7% above last week's low, lifting market capitalization to $1.79 trillion. Momentum strengthened after BTC cleared $90,000 and held weekend support zones. Major banks and brokerages are offering regulated Bitcoin exposure, prompting fresh institutional flows. Bank of America will let 15,000 wealth advisers recommend 1%-4% crypto allocations starting January 5 and will research four leading Bitcoin ETFs.
Read at Bitcoin Magazine
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