Standard Chartered Enters Crypto Arena

Standard Chartered has launched Bitcoin and Ether spot trading for institutional investors, with plans to introduce crypto derivatives soon. This move comes as:

BTC has experienced a significant dip from ~$121,450 to ~$116,817 over the last 24 hours

ETH similarly declined from ~$3,051 to ~$2,974

Trading volumes remain substantial despite the price correction

This institutional adoption could provide fresh liquidity to the market during this correction phase.