What is the story about?
What's Happening?
Bitcoin has risen to $113,000 despite a tech pullback on Wall Street. The FTT token also saw a surge following a post on Sam Bankman-Fried's X account. Additionally, Morgan Stanley is considering offering crypto trading in 2026, and Denelle Dixon of Stellar Development Foundation discussed the growth of tokenization.
Why It's Important?
Bitcoin's rise to $113,000 indicates resilience in the cryptocurrency market despite broader tech sector challenges. The interest from major financial institutions like Morgan Stanley in offering crypto trading suggests growing acceptance and integration of digital currencies into traditional finance. The developments in tokenization highlight the evolving landscape of digital assets and their potential impact on financial systems.
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