Australia’s Commonwealth Bank (CBA) stating that it will become the first mainstream financial provider in the nation to allow its customers to buy, sell and hold cryptoassets such as bitcoin (BTC) and ethereum (ETH) on its platform.
Overall, bitcoin price is consolidating gains above the USD 49,000 level and is showing positive signs. If BTC reclaims the USD 50,000 handle, there could be an increase towards USD 51,000 or USD 51,500.
The ongoing bullish cycle is yet to hit its local top despite Bitcoin brushing shoulders with $48,000 (new record high). Ethereum and Cardano are at the helm of the rally as far as altcoins are concerned.