Crypto joy — TradingView News
It’s a tale of two markets right now – crypto and everything else.
Bitcoin has surged to an all-time peak above $111,000 as the regulatory and business environment improves for cryptocurrencies. JPMorgan CEO Jamie Dimon, a longtime crypto sceptic, told investors this week that America’s biggest bank will let clients buy bitcoin. “I don’t think you should smoke, but I defend your right to smoke,” Dimon said. “I defend your right to buy bitcoin.”
Crucially, an industry-backed bill that would create a regulatory framework for cryptocurrency tokens known as stablecoins is advancing through the U.S. Senate.
Democrats had united to filibuster the GENIUS Act legislation earlier this month amid concern over President Donald Trump’s…
