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Bank of America: the real value of crypto assets can not be estimated

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According to analysts at Bank of America Merrill Lynch, brokerage companies that offer products in the field of crypto currency can have a big impact on the global market. In the report of the bank entitled "Implementation of Crypto-Currency - what are they good for?", Analysts are considering the potential of Bitcoin, Ethereum and XRP, as well as the main aspects of the market and open functioning network of detachment. It is noteworthy that the report touches on possible factors that could affect the future progress of the crypto-currency market, including financial products based on this technology.

Analysts believe that the activity of brokerage companies that will start offering such services to their customers can affect both the overall liquidity of the market and the market capitalization for the corresponding crypto currency.
"The digital money ecosystem is dynamic, innovative and volatile. Although it is almost impossible to estimate the value of the crypto currency, one of the factors that, in our opinion, could affect their liquidity and market capitalization, would be the decision of one or more global brokers / dealers to offer crypto currency and derivatives, " the authors of the report write.
The past year was marked by a number of initiatives to create investment products related to crypto-currencies. Companies like the CBOE have described plans to participate in what is still considered an emerging ecosystem. Nevertheless, US regulators react negatively to such proposals.
According to analysts of the bank, it is not yet clear how the market will develop in the coming months.
"Now these impacts seem too far and unpredictable to make an assessment or recommendations for investments," they emphasize.

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