NYC becomes the cryptocurrency industry hub as investment firms approve Bitcoin products, leading to its surge.
NYC is emerging as the epicenter of the cryptocurrency industry due to Bitcoin's recent surge to $70,000. Investment giants like BlackRock and Fidelity have approved 11 Bitcoin products, leading to its rise. As the crypto industry integrates with traditional finance, NYC attracts venture capitalists, founders, and enthusiasts. Experts predict new all-time highs for Bitcoin and Ethereum, despite recent price drops.
March 19, 2024
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