America banking on crypto

Team Luno
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  • Bank of America (BoA) analysts have said that the cryptocurrency’s $2 trillion market value and 200 million users means the digital asset universe is too large to ignore.

 

  • BoA analysts also said they believe crypto-based digital assets could form “an entirely new” asset class.

 

  • Analysts also noted that the promise was more than just Bitcoin, noting that the leading cryptocurrency “is important with a market value of about $900 billion, but the digital asset ecosystem is so much more.”
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Team Luno

On our way to the moon, we write about all things crypto. And don’t forget we’re humans too. Our blog conveys the views of Luno and the many unique opinions and characters within our team. We’ll never provide you with financial advice, and we urge you to conduct your own research before purchasing or trading any cryptocurrencies. It’s a brave new world out there, and the market can be volatile at times, so never trade with funds you can’t afford to lose. Want to let us know how much you love our blog? Tweet us @LunoGlobal.

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