Morgan Stanley, the world’s fourth-largest investment bank, has been quietly clearing bitcoin futures contracts for clients amid a wider remit to engage cryptocurrencies even further.
After experiencing a 2-day slump during which the price of most cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash declined significantly, the cryptocurrency market has started to recover.
The ripple price surged by 49 percent on Thursday as the cryptocurrency markets made a $177 billion recovery from Wednesday’s low-point.
Psst! Morgan Stanley is Helping Clients With Bitcoin Futures Contracts
Cryptocurrency Market Recovers as Bitcoin, Ethereum, et al. Spike 20%
Ripple Price Surges 49% as Market Shakes Off Wednesday Woes