The price of Bitcoin has fallen below the $46,000 level to less than $43,000 this morning. The decline comes at the same time the Federal Reserve had said it would raise interest rates in the coming months.
Bank of America (NYSE:BAC) has upgraded Nasdaq listed crypto exchange Coinbase to a buy from neutral with a price target of $340. The upgrade is due to the exchange diversifying beyond retail crypto trading, forecasting scaling of its non-trading revenue streams.