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Bitcoin’s record highs push big banks’ profits to billions — Report

As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s record highs push big banks’ profits to billions — Report

As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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