📈 Bitcoin Hits New All-Time High
Bitcoin surged to a new all-time high today, reaching approximately $109,700 before settling around $109,378 on major exchanges. This rally is attributed to increased investor optimism surrounding favorable U.S. cryptocurrency regulations and a resurgence in risk appetite.
Barron's
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Bitcoin Magazine
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Investopedia
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Investopedia
The Texas House of Representatives recently approved a bill to establish a state-held reserve of Bitcoin and other cryptocurrencies, awaiting the governor’s signature to become law.
Wikipedia
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Barron's
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🔮 Altcoins Show Modest Gains
While Bitcoin leads the charge, several altcoins have also experienced gains:
The Crypto Times
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Morningstar
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Ethereum (ETH) is trading at $2,505.32, with a slight decrease of 0.00008%.
BNB (BNB) has risen by 3.35% to $670.98.
XRP (XRP) is up 1.28% at $2.38.
Cardano (ADA) has increased by 2.35% to $0.76.
🏛️ Regulatory Developments Fuel Market Optimism
President Trump's administration has taken significant steps to integrate cryptocurrencies into the U.S. financial system. In March, an executive order established a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, aiming to position the U.S. as a leader in the crypto space.
Wikipedia
📊 Market Snapshot
The total crypto trading volume remains robust at $123 billion, highlighting the market's resilience and renewed investor confidence.
CryptoRank
