$BTC
During the day, a new bill was added in the U.S. Congress called the 'COIN Act', which restricts public officials from profiting from digital assets during and after their time in office.
• Despite geopolitical tensions in the Middle East, digital funds have seen an inflow of over one billion dollars over the past week, with large digital funds investing.
• The cryptocurrency market has been volatile: Bitcoin, XRP, and Dogecoin fell to their lowest levels in two months due to tensions, but have now begun to partially recover with expectations of a noticeable improvement.
• The latest data indicates that the total cryptocurrency market has risen to $3.24 trillion (+4.5% in the last 24 hours), and the daily trading volume exceeded $147 billion (+8.5%).
• In light of the announcement of a ceasefire, Bitcoin rose above $106,000, while Ethereum settled around ~2,420 dollars driven by news of de-escalation.
