Bitcoin skyrockets to $95,000! Arizona takes the lead in betting on cryptocurrency, is this move a win or a loss?
Imagine a government vault in a U.S. state, no longer filled only with dollars and gold, but also shining with Bitcoin! This is not a sci-fi movie, but a reality happening in Arizona. On April 28, the state house passed two historic bills (SB1025 and SB1373) with votes of 31:25 and 37:19, allowing the state government to invest up to 10% of public funds in cryptocurrencies like Bitcoin, making it the first state in the U.S. to explicitly require public fund allocation to cryptocurrencies. After this news broke, the price of Bitcoin instantly surpassed $95,000, causing the market to go wild with over 110,000 liquidations, and the world's attention is focused on this new battlefield of 'digital gold'.