Morgan Stanley announced plans to become a Bitcoin and crypto bank, holding digital assets for clients. In the Bitcoin Price Predictions in April market, the odds of Bitcoin dipping to $60,000 in April are falling, while the $100,000-by-end-of-2026 target on the Bitcoin Price Targets market sits at 37.5%, up from 30% a week ago.

Market reaction

Morgan Stanley entering the crypto custody space is shifting several Polymarket contracts. The probability of Bitcoin staying above $56,000 on April 10 has strengthened in the Bitcoin Above Price Predictions in April market, as a major bank offering custody reduces the likelihood of a sharp selloff. The $150,000-by-2026 target sits at 9.5%.

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