🚀💰Bitcoin rises today to near $120,500 supported by cryptocurrency regulation laws in the U.S. Congress💰🚀
*📈 Bitcoin saw a significant rise during Friday's trading, reaching a level near $120,465* 📈
*This increase is due to the U.S. House of Representatives voting on three bills aimed at comprehensively regulating the cryptocurrency sector* 📊
*The new laws* 📚
1️⃣ *Regulating the cryptocurrency sector*: Aims to establish a clear legislative framework for the cryptocurrency market, enhancing the United States' leadership in this field 🌟
2️⃣ *Investor protection*: Enhancing investor protection and stabilizing the market 📈
3️⃣ *Promoting innovation*: Promoting innovation and ensuring consumer protection 🤝
*Impact on the market* 📊
- *Ethereum increase*: By 6.63% reaching $3,666 💰
- *Ripple increase*: By 6.39% at $3.5735 💸
- *Dogecoin increase*: By 18.20% recording 24.93 cents 🤯
*These movements show a growing confidence in the cryptocurrency market as clear legislation approaches to regulate the sector and stimulate growth and innovation* 🚀
*The United States adopts a dual stance allowing cryptocurrency trading, but imposing strict restrictions on related activities* 🤔
