Two of the largest banks in the United States have announced and unveiled their investment in Spot Bitcoin Exchange Traded Funds (ETFs), signifying a major cryptocurrency adoption by traditional financial outfits.
The 10-year Treasury yield reversed higher before consolidating at 1.73%, as it stayed around its 14-month high.
Bitcoin comfortably outmatched the world's most valuable bank, JP Morgan Chase with a market value of $630 billion.
