Bitcoin Rises as Citi, Goldman Find Crypto Allure Hard to Resist
- Cboe is seeking approval for Bitcoin ETF, in regulatory filing
- Goldman is said to be restarting its crypto trading desk
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WATCH: Bitcoin touched the $50,000 level in Asia trading, riding a broad resurgence in risk assets, with Citigroup Inc. and Goldman Sachs Group Inc. warming up to the largest cryptocurrency.
The digital asset climbed as much as 2.8% Tuesday, and was holding at $49,080 as of 9:05 a.m. in Hong Kong. Prices last week suffered the worst decline since March and dipped as low as $43,000 on Sunday. Bitcoin climbed to a record $58,350 on Feb. 21.