Posted 3/8/2024, 10:05:00 PM
Bitcoin Soars Above $70K, Coinbase Upgraded as Major Funds and Firms Embrace Crypto
- Bitcoin hits new all-time high above $70K, extending its 2023 rally
- Coinbase stock upgraded by Goldman on higher trading volumes and crypto prices
- BlackRock files to add bitcoin exposure via ETFs to $17.8B Global Allocation Fund
- Bitcoin futures may bring some liquidity risk but allow major funds some exposure
- Grayscale Bitcoin Trust continues to see outflows while new spot BTC ETFs gain assets
