Bitcoin Surges 16.72% in Six Months as U.S. Lawmakers Debate Crypto Bills

Bitcoin is currently testing key resistance levels, driven by a surge in investor optimism. This optimism is fueled by recent U.S. legislative developments and improving technical indicators. Lawmakers are actively debating several digital asset-related bills, which has led analysts to raise their short-term price targets for Bitcoin, with projections now pointing toward $137,000.

The U.S. House of Representatives is currently reviewing a series of crypto-related legislation. These bills aim to clarify the legal status of digital tokens, stablecoins, and central bank digital currencies (CBDCs). Key pieces of legislation under consideration include the Clarity for Digital Tokens Act, which seeks to distinguish between securities and…

Source link