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Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH

Published Aug 20, 2021 03:35PM ET Updated Aug 21, 2021 05:40PM ET
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Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH
 
WFC
+0.92%
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BLK
+0.08%
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RIOT
-5.59%
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BTC/USDT
-7.26%
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BTC/USD
+1.61%
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Wells Fargo (NYSE:WFC), in partnership with NYDIG and alternative assets manager FS Investments, has registered a new investment fund dubbed “FS NYDIG BITCOIN FUND I,” which will offer the bank’s wealthy clients an opportunity to gain indirect exposure to Bitcoin (BTC).

In another sign of growing institutional interest, filings submitted to the U.S. Securities and Exchange Commission by BlackRock (NYSE:BLK) show a 6.71% stake in Marathon Digital Holdings and a 6.61% stake in Riot Blockchain (NASDAQ:RIOT). BlackRock’s total investments in both the publicly traded Bitcoin mining firms are roughly valued at $384 million.

Daily cryptocurrency market performance. Source: Coin360
BTC/USDT daily chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
BNB/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
DOGE/USDT daily chart. Source: TradingView
DOT/USDT daily chart. Source: TradingView
SOL/USDT daily chart. Source: TradingView
UNI/USDT daily chart. Source: TradingView
BCH/USDT daily chart. Source: TradingView

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Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH
 

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