In recent months, major financial institutions have warmed to Bitcoin, increasing coverage and providing increasingly positive information. In their latest report, Bank Of America revealed that the trading volume of Bitcoin has surpassed that of GLD, the biggest gold ETF in the market. Digital Currency Group founder and CEO Barry Silbert tweeted in May 2016 that the total amount of gold in circulation was over $7 trillion.
Read more: https://coinjournal.net/bank-america-bitcoin-trading-volume-surpassed-gold-etf/?source=Snapzu
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