Bank news drives BTC price to $13,480 Data from

, and showed BTC/USD climbing once again during Tuesday trading, adding 2% in just over an hour. The move followed an as yet that Singapore bank DBS had decided to build a cryptocurrency exchange and offer crypto custody services, fully regulated by the city state’s de facto central bank, the Monetary Authority of Singapore (MAS). The move originally came to light via a cached website page which subsequently disappeared from public access. DBS had yet to confirm as of press time. Despite this, Bitcoin immediately reacted, climbing out of its range in the lower $13,000 area and rebuffing that a correction was imminent.