Cryptocurrencies

Bitcoin’s Epic Run Is Winning More Attention on Wall Street

A Morgan Stanley unit is exploring a possible bet on Bitcoin
The cryptocurrency neared $50,000 in weekend trading

Watch: Bitcoin is climbing to another record amid signs of a widening embrace across the financial services industry. (Source: Bloomberg)

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By Lynn Thomasson and Joanna Ossinger

February 14, 2021 at 2:07 PM EST

Updated on

February 15, 2021 at 8:40 AM EST

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Signs of a widening embrace across the financial services industry sent Bitcoin to new heights, with the cryptocurrency closing in on $50,000 for the first time before falling back.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE