Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem

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Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem

With bitcoin (BTC) now trading under $18,000, there isn’t a clear technical support level before $12,500, the bank said. It estimates that anyone that bought or received BTC in the past 12-18 months has an average breakeven price of around $45,000. www.coindesk.com

With bitcoin (BTC) now trading under $18,000, there isn’t a clear technical support level before $12,500, the bank said. It estimates that anyone that bought or received BTC in the past 12-18 months has an average breakeven price of around $45,000.

www.coindesk.com