The combination of Morgan Stanley Crypto Trading plans together with Charles Schwab Cryptocurrency Services creates a rise and Bitcoin hits 97K while showing institutional crypto adoption even when several crypto investments risk.
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Bitcoin hits 97K when Wall Street enters crypto despite risks
Morgan Stanley is planning crypto trade
Morgan Stanley Crypto Trading Options will soon be available for E*trading customers, according to a new report from Bloomberg. Bitcoin hits 97K partly because of this development, as retail investors may be able to have direct access through its existing brokerage accounts.
Charles Schwab CEO Rick Wurster pronounced:
“Crypto Investing has meaningful risks, especially extreme price volatility, which makes it challenging for investors to determine appropriate distribution strategies.”
Charles Schwab’s timeline for entry
Also read: Bitcoin (BTC) Price Presence for May 2025
Bitcoin’s Price Movement
Bitcoin hits 97K before he withdraws slightly to about $ 96,000 at the time of this report. Strategy, a securities company, reported to have approximately 553,555 BTC purchased at an average price of approximately $ 68,459 per coin. The company actually achieved a BTC return of 13.7% during the first quarter despite some market declines and challenges ..
Charles Schwab CEO Rick Wurster had this to say:
“(We) will start when crypto regulations are properly set.”
Market views
The progression of Morgan Stanley Crypto Trading Plans in combination with Charles Schwab Cryptocurrency Development provides more institutions in crypto adoption spaces, while crypto market risks remain clear to investors. Digital currencies are becoming increasingly accepted by ordinary people seen through the slow development to reach the $ 100,000 milestone.