Bitcoin will receive a potential million-dollar boost with Citadel Securities
The entry of Citadel Securities could have a transformative effect on the price and adoption of bitcoin.
Citadel Securities is one of the most recognized market makers in the world.
This could be the fuel that drives the asset to new all-time highs.
Citadel processes 35% of all retail trades in the U.S. stock market.
Citadel Securities, one of the largest market makers in the world, plans to break into bitcoin (BTC) trading and cryptocurrencies as a liquidity provider, a decision that could channel millions of dollars more into this market.
According to Bloomberg, the firm led by Ken Griffin seeks to leverage President Donald Trump's support for the cryptocurrency industry. This move marks a shift in the cautious stance the company had maintained until now regarding the retail bitcoin and digital asset market.