Bank of America -- one of the largest banks in the U.S. with nearly $2.9 trillion in assets under management -- is now telling its wealth clients they can allocate up to 4% of their portfolio into crypto. That’s not small-time financial advising. That’s near-magnet-level capital being told “crypto is okay.”
When a behemoth like Bank of America gives the go-ahead for high-net-worth money to flow into crypto... it’s not a ripple. It’s a new tide rising.
More allocators -> deeper liquidity -> more institutional ballast -> less chance of freak swings, more structural stability. The “crypto is fringe” mindset just lost another wall.
Buckle up. This could quietly reshape demand behind the scenes. 🏦 🔥
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The brutal dumping in Bitcoin and Ethereum right now isn’t random — it’s a mix of three major pressures hitting the market at the same time:
💥 1. Exchanges + Funds Taking Profit Some big players who bought the dip earlier are now locking in profits before today’s major Fed event.
💥 2. Fear Of The Fed Meeting Investors are panic-selling because they expect volatility from the upcoming Fed update — every time before a big Fed decision, markets dump first.
💥 3. Massive Leverage Flush Too many over-leveraged longs were stacked… market makers purposely push price down to liquidate them and collect liquidity.
This is not retail selling — this is smart money shaking the market before the next move.