Bitcoin Price Unfazed as Bakkt Launches Custodian Solution

The launch of one of the most anticipated bitcoin custodian solutions went unnoticed in the spot market.
The bitcoin price on Monday continued to trend inside a negative territory as Bakkt, a digital asset platform backed by Intercontinental Exchange, opened its bank-grade bitcoin storage solution, Bakkt Warehouse. The BTC/USD rate dipped by more than 1.5 percent around the announcement, indicating that spot traders did not weigh in the sentiment brought by Bakkt.
Bitcoin consolidates as Bakkt a