XRP News Today: Will BlackRock Launch an XRP ETF? Legal Issues Remain; BTC Eyes $90k
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Bitcoin Gains on Improving Demand Backdrop
While XRP trended lower, bitcoin (BTC) held firm above the crucial $85,000 handle. Investor sentiment improved on optimism that the US and China could restart trade talks, potentially easing tensions. However, the threat of an extended global trade war continues to boost demand for safe-haven assets like gold and potentially BTC.
Global instability has put BTC in the spotlight. Increased BTC demand amid global economic uncertainty may increase political support for the passing of the Bitcoin Act. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing the US government acquire one million BTC over five years, with a…
