Market Hotspot: Bitcoin Reserve Legislation and the Jeffy Mystery
New Hampshire passed a strategic Bitcoin reserve bill allowing up to 5% of reserve funds to be allocated to compliant digital assets like BTC, marking the first introduction of cryptocurrency allocation into local finances in the U.S. On the eve of the FOMC meeting, Bitcoin's dominance broke 65%, reflecting a surge in risk-averse sentiment. The reported suicide of Zerebro co-founder Jeffy Yu has sparked controversy over its authenticity, and his concept of 'legacy coins' along with on-chain address activities remains a hot topic. The LLJEFFY token has thus surged, intertwining the mystery of authenticity with emotional speculation, leading to increased short-term market volatility.
