Australian Lockdown Continues, Bank of America Begins Clearing Hedge Fund Cryptocurrency Trades - News 7.21.2021
Stock markets rallied Tuesday, with the Dow Jones closing up nearly 550 points.
Bitcoin, however, dipped lower despite news out earlier today that Bank of America has begun clearing and settling cryptocurrency exchange-traded products, or ETPs, for European hedge fund clients.
In other news, fresh fears about new virus variants keep part of Australia under strict lockdown, and the UK is enacting a ban on night club visits to anyone who is not “fully vaccinated.”
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