Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the worldMorgan Stanley said the dollar's global dominance is threatened by the rise of Bitcoin and the eventual proliferation of CBDCs.
Happy Tuesday!The global crypto market cap is $1.7 trillion, with a 24-hour volume of $59.29 billion. The price of Bitcoin is $43,309.04, and BTC market dominance is 49.8%. The price of Ethereum is $2,575.83, and ETH market dominance is 18.2%. The best-performing sector is Social, which gained 13%. The Crypto Fear & Greed Index is currently Greed (64). Top News
Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the worldMorgan Stanley said the dollar's global dominance is threatened by the rise of Bitcoin and the eventual proliferation of CBDCs. Record $1.6 billion of staked Ethereum redemptions led by Celsius and FigmentThe significant withdrawals had little impact on Ethereum's price which rose by around 12% during the period. Identifying potential ETF wallet addresses as Coinbase leads weekly BTC trading with $11.4 billion volumeCoinbase Prime's trading surge linked to ETF market activity with over $5 billion in Bitcoin wallet inflows and outflows within a week.
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Morgan Stanley believes Bitcoin, CBDCs have the potential to ‘de-dollarize’ the world