🚀#Bitcoinrose 5% from August 13-14, reaching $61,791, then quickly fell to $58,914 after the US inflation report. 📉
🔹 Goldman Sachs revealed holdings of $418 million worth of Bitcoin ETFs. 🔹 JPMorgan, Bank of America, Wells Fargo still limit Bitcoin ETF advisory. 🔹 Morgan Stanley only approved distribution of Bitcoin ETFs from August 7.
📊 Norges Bank, Swiss National Bank, and the Korea Pension Service all increased their holdings of MicroStrategy (MSTR).
📉 The US CPI report increased 2.9% in the past 12 months, the lowest since March 2021, making investors worry about a global economic recession.
🌟 However, Bitcoin could become a valuable asset if the global economy slows down. Don't forget to comment your opinion! 💬
#Crypto#Blockchain#Finance#BTC #Investing