Bitcoin rises, NYSE battles for Trump ETF, crypto mortgage may be next
The price of bitcoin rose again on Wednesday, reaching above $108,000 at an intraday high, as investors looked past the recent tensions in the Middle East and the stock market hovered near an all-time record.
But the trading in cryptocurrencies was uneven, with ether and solana both slipping modestly in afternoon trading.
Washington, D.C., figured in a major way in the latest crypto headlines.
Fed Chair Jerome Powell spoke about crypto in his testimony before the Senate Banking Committee on Wednesday morning, saying the stablecoin industry has matured significantly over the past few years, and increasingly become part of the mainstream financial landscape.
The director of Federal Housing Finance Agency, William Pulte — whose family…
