Bitcoin soars to new all-time high as US lawmakers focus on pro-crypto legislation
Bitcoin He continued his climbing quickly, and as the US deputies started a week focusing on passing through pro -crypto legislation, he reached another height on Monday.
The data from CoinMarketcap showed that Bitcoin increased over $ 123,000 early on Monday and rose from about 108,000 dollars just a week ago. The world’s oldest and most popular crypto currency is currently the world’s most valuable fifth class class and gives a market value higher than the Amazon with $ 2.4 trillion.
Bitcoin enthusiasm comes in a way that will receive a few parts of the US house in relation to crypto currency legislation In the Congress, the so -called “Crypto Week .. MPs under pressure President Donald Trump And the large expenditure crypto lobby will pass quickly.
This includes an invoice passed Last month, the Senate will organize a kind of crypto currency known as Stablecoins. The Assembly will also receive a much more comprehensive crypto currency market structure legislation.
Trump, once the skeptic of the sector, promised to make the US in the second period. The Global Capital of Crypto. Meanwhile, he and his family were moved to almost every corner of the industry: mining operations, billion dollars of Bitcoin purchases, a newly printed stablecoin and Trump branded breast mine.
The crypto industry quickly became an important player in Washington after feeling that it was unjustly targeted by Biden administration. The industry spent great amounts in last year’s elections, and this year, it spends greatly on lobby and other influence efforts.
Bitcoin has briefly seen a significant recoil since April, when it fell below $ 75,000.
Spot Bitcoin ETFs are increasingly and more popular Since its release last year, a few public companies have made Bitcoin using debt and stock sales to buy. Primary Business Strategy.
Bitcoin, which was created in response to the 2008 financial crisis, followed a very variable path to accept the main current. Supporters say that the asset is like a “digital gold için that can serve as a fence against the Central Bank and the government abuse. Only 21 million Bitcoin will be created.
“Bitcoin’s price is finally catching under the surface, Adam said Adam Back, CEO of Crypto Blockstream. “This is a fixed supply that makes it designed to make institutional demands in accordance with the foundations of Bitcoin.”
