Citibank upbeat about Bitcoin

Citibank analysts said Bitcoin is poised to become the world’s “currency of choice” for global trade and that the asset has reached its “tipping point,” as per a research report to clients on Monday.

This comes after the banks (among many others) have been on the back foot when it comes to supporting Bitcoin or extending crypto-to-fiat and vice-versa services to clients. But the new research shows changing sentiment.