Leading US banks like PNC Group and JPMorgan Chase are gearing up for Bitcoin service launches, though no formal confirmations have been made. Regulatory support from bodies such as the OCC remains in place, yet immediate market impacts are unclear.
As of now, Bitcoin is valued at 85,801.02 USD, boasting a market capitalization of 1.71 trillion USD. With a market dominance of 58.52%, price fluctuations have raised questions about banks’ strategic decisions regarding Bitcoin offerings in light of evolving market dynamics.
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