Bitcoin $BTC 7-Year Trendline Broken ๐จ Full Send ๐๐
Bitcoin ($BTC) is currently trading around $118,949.31, with a 0.65% increase. There's been some buzz about Bitcoin's price movements and trends, especially with recent news about regulatory developments in the U.S. affecting crypto markets.
Key Bitcoin Updates
- *Current Price*: $118,949.31
- *Price Change*: 0.65% increase
- *Market Cap*: $2.36 trillionยน
Recent News and Trends
- *Regulatory Developments*: The U.S. House is considering the GENIUS Act, which could impact crypto regulation and boost market confidence.
- *Institutional Interest*: BlackRock's involvement in Bitcoin and potential staking features for Ethereum ETFs are adding to market interest.
- *Price Movements*: Bitcoin has shown bullish momentum after breaking past key resistance levels like $92,267.