After JPMorgan's announcement, Bitcoin turned over 55 thousand dollars!

Bitcoin has returned above the $ 55,000 level, up more than 3.0 percent in the last 24 hours, thanks to news that US-based multinational bank JPMorgan Chase will set up an actively managed bitcoin fund early in the summer to provide it to certain clients.

After JPMorgan's announcement, Bitcoin turned over 55 thousand dollars!

Bitcoin, the highest volume of cryptocurrency markets, rose 3.18 per cent in the last 24 hours to $ 55,150.50, while Ethereum, the second-ranked currency, rose 3.58 per cent to $ 2,579.32.

BITCOIN TO STAY IN ELECTRICITY WALLETS

JPMorgan's move is cited as "a breaking point" from the pricing policies implemented by organizations operating in the crypto industry, such as Pantera Capital and Galaxy Digital. According to the news, the bank will open the way for customers who will receive this service to buy Bitcoins and keep them in their electronic wallets, without ever touching them.

US-based investment bank Morgan Stanley also became the first major US bank to begin offering accredited asset management clients access to at least one bitcoin-related fund.