Morgan Stanley Predicts US Bitcoin Holdings Could Reach $370 Billion

In a new report that has not yet been made public, investment bank Morgan Stanley predicts the US should consider allocating up to $370 billion worth of bitcoin if it’s ever adopted as a global reserve currency. This projection is grounded in the belief that Bitcoin can potentially displace traditional currencies like the dollar and euro. Morgan Stanley notes that Bitcoin dominance against altcoins is rising, but it has yet to surpass gold dominance. 📈