Bitcoin caught the attention of mainstream investors four years back, when it touched a high of $1090. Following an increase in traders and investors’ interests, Bloomberg terminal started quoting Bitcoin prices by sourcing from the itBit exchange.
Now, a similar scenario is seen with other digital currencies. Following a steep rise in the price of Litecoin, Ethereum, and Ripple coin, Bloomberg has added these crypto currencies to its terminal service, which is used by major banks and other financial institutions across the globe.
The addition of Ethereum (ETH), Litecoin (LTC), and Ripple (XRP) price data by Bloomberg is aimed at Forex traders seeking new assets, according to a Fortune report. From a low of $424 on Dec 9, Ethereum rallied to record a high of $758 on Dec 13. Likewise, Litecoin rallied from a low of $126 to $346 last week. Ripple coin, which remained range bound between $0.19 and $0.23 for several months, gathered steam to record a high of…