Bitcoin Rises To All-Time High After BNY Mellon Announces Cryptocurrency Trading

Bitcoin has set a new record, approaching $ 49,000, after The Bank of New York Mellon (BNY Mellon) announced the formation of a new division. Its mission is to help clients store, transfer and issue digital assets.

Bitcoin Rises To All-Time High After BNY Mellon Announces Cryptocurrency Trading

The new division, called the digital assets division, will be rolling out its customer offerings later this year, the bank said.

Meanwhile, Bitcoin has jumped about 10% over the past 24 hours to a record high of $ 48,925 and has managed to get a little cheaper. At the time of this writing, it costs $ 47,213.

Bitcoin Rises To All-Time High After BNY Mellon Announces Cryptocurrency Trading

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