Bitcoin is getting offered. The crypto-currency has failed yet again at the $3k level, although this was the closest it has gotten. There is no real news that is sparking this move lower other than the currency cannot get to the levels it is attempting.
There are problems with the exchanges with massive volume constraints. Also, now there are major financial firms talking about regulating Bitcoin. The entire premise behind Bitcoin is no “footprint’ and Morgan Stanley believes that the records should be opened to regulators.
I do not believe there is any way that this can get cracked open. There are too many international entities that will never cooperate. Morgan Stanley be damned!