Why did Bloomberg expand its coverage of crypto markets?
Could you please elaborate on why Bloomberg, a renowned financial news and data provider, decided to broaden its focus and expand its coverage of the cryptocurrency markets? Given the volatile nature of the crypto space and its recent surge in popularity, what motivated Bloomberg to take this step? Are there specific business objectives or strategic considerations behind this expansion? I'm interested in understanding the rationale behind this move and how it aligns with Bloomberg's overall mission and vision in the finance industry.