Crypto Investment Interest Rebounds After Digital Asset Bills Pass

Last week’s passage of landmark digital asset legislation has triggered a flurry of optimism in the cryptocurrency market.

So said Bloomberg News, which reported Monday (July 21) on the various signs of a “retail re-engagement.” For example, Coinbase’s app had been in 25th place in Apple’s Finance category last month, but has since jumped up 20 spots.

Meanwhile, Google searches for “bitcoin” are increasing, while there was a wave of chatter on Telegram and Discord leading up to President Donald Trump’s signing of the three cryptocurrency-related bills last week.

However, the report added that the picture is a bit more complicated. Consumer interest in crypto is returning, but the recent market rally is being driven by…

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