What events on the NYSE calendar in 2017 influenced the growth of the cryptocurrency market?

1 answers

• May 07, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can confidently say that the events on the NYSE calendar in 2017 had a profound impact on the growth of the cryptocurrency market. One event that stands out is the listing of Bitcoin Investment Trust (GBTC) on the NYSE Arca exchange. This allowed traditional investors to gain exposure to Bitcoin without directly owning the cryptocurrency. The listing of GBTC provided a bridge between the traditional financial system and the cryptocurrency market, attracting new investors and increasing the overall demand for cryptocurrencies. Additionally, the announcement of major companies, such as Square and Overstock, accepting Bitcoin as a form of payment also contributed to the growth of the market. These events helped to legitimize cryptocurrencies and increase their adoption among mainstream users. Overall, the events on the NYSE calendar in 2017 played a pivotal role in driving the growth of the cryptocurrency market.
  970

  485