Crypto prices climb as banks expand digital asset services

Cryptocurrency currency

Cryptocurrency prices rose today, Sept. 24, as banks expanded digital asset services and investors assessed US monetary policy.

 

Bitcoin gained 0.8% to $112,581 at 12:01 pm Makkah time, holding about 57.6% of the crypto market.

 

Ethereum rose 0.3% to $4,172.67, while Ripple increased 0.67% to $2.8726.

 

The global crypto market stands at $3.89 trillion, with 24-hour trading volumes of $162.46 billion, according to CoinMarketCap.

 

An internal memo seen by CNBC shows Morgan Stanley plans to launch crypto trading for retail investors in the first half of next year.

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