While large institutions are supporting cryptocurrencies, Google Finance is the next one. The platform has added cryptocurrency prices to finance.google.com. A section with the title “crypto” appears in the “Compare Markets” category along with stock and currency markets. Prices of various cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) are available on the site.
Google’s parent company Alphabet owns the YouTube platform. This platform has consistently irked crypto users by banning educational and news content. Cointelegraph and Coindesk that are the two largest publications have been subject to suspensions that overturned after the video streaming platform confirmed that they were not in violation of YouTube’s service terms.
The interest of institutional investors and corporations has increased in the past year and the market has gained mainstream attention. The involvement of these investors and corporations has helped to launch the cryptocurrency market cap past $1 trillion in January. The crypto market cap would have exceeded $1.7 trillion in February before the pullback. Currently, the digital asset class is worth $1.4 trillion.
Retail adoption and institutional interest is been rapidly growing for the last three months. Major firms like Tesla and Mastercard have actively included cryptocurrencies. More clear guidelines are likely to grow as the bull market goes up.
Also Read: JPMorgan Advises Investors To Put 1% Of Their Portfolio In BTC
