Bitcoin rebounds to $70K as Charles Schwab launches
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- Bitcoin climbs to just under $70k, rebounding from a recent dip (per market data sources).
- Charles Schwab will launch direct cryptocurrency trading for its retail clients, joining peers like Fidelity and Robinhood (per Schwab press release).
- Analysts link the price bounce to pending Spot Bitcoin ETF approvals and inflows, while some caution volatility remains high (per Bloomberg and Reuters).
Why it matters: Retail investors gain instant crypto access via Schwab, potentially adding $5‑$10 billion in trading volume this year.
