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Wednesday, April 17, 2024

Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade, Citi claims

  • Bitcoin could one day "become the currency of choice for international trade," Citi said in a research note Monday.
  • The cryptocurrency is "at the tipping point of mainstream acceptance or a speculative implosion," the bank added.
  • Bitcoin's wild ascent over the last few months has forced big Wall Street players to reevaluate the cryptocurrency.

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