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Bitcoin Rallying Ahead of Congress Crypto Debate
The Bitcoin breakout continues to gather pace this week with the futures market pushing firmly higher on Monday. BTC is already up around 3% on the day, testing above the $120k level, a sharp rise from last week’s sub-$108k level. The rally comes as traders prepare for crypto legislation to be brought before the US House of Representatives this week. The bill, which is aimed at establishing a regulatory framework for digital assets, marks a major milestone for the crypto community and should be firmly bullish for BTC if it receives support from the House. Congress to Debate Crypto Bill Bullish crypto sentiment has ... (full story)