PNC Financial Services Group (PNC) just became the first major U.S. bank to let eligible private bank clients trade spot bitcoin directly inside its own platform, a meaningful expansion of its digital asset toolbox. See our latest analysis for PNC Financial Services Group. The move into direct bitcoin trading lands at a time when momentum...

You may not like the answer. What a difference a year makes. At the beginning of 2025, investor enthusiasm around Bitcoin (BTC 1.87%) was at a fever pitch. The U.S. government was supposedly going to create a Bitcoin strategic reserve, exchange-traded funds (ETFs) were going to keep buying Bitcoin like there was no tomorrow, and...

Analysts said Powell's messaging injected "fresh uncertainty," keeping conviction thin and muting the impact of positive ETF demand.