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Crypto Market Daily Updates | Volatility in the cryptocurrency market continues as Bitcoin fluctuates around the $67,000 mark; U.S. Senator proposes the American Mining Act, aiming to incorporate a strategic Bitcoin reserve into law.

Crypto Market Daily Updates | Volatility in the cryptocurrency market continues as Bitcoin fluctuates around the $67,000 mark; U.S. Senator proposes the American Mining Act, aiming to incorporate a strategic Bitcoin reserve into law.

News on March 31st reported that the cryptocurrency market experienced fluctuations. As of the time of writing, $Bitcoin (BTC.CC)$ increased by 0.19%, trading at $67,758.68; $Ethereum (ETH.CC)$ dropped by 0.30%, trading at $2,068.32.

According to a report by The Block, U.S. Republican Senators Cynthia Lummis and Bill Cassidy introduced the ‘American Mining Act’, which aims to expand the role of cryptocurrency mining in the U.S. economy and incorporate President Trump’s executive order on establishing a strategic Bitcoin reserve into law. The bill would direct the Department of Commerce to establish a voluntary certification program for mining pools and facilities, and require certified facilities to phase out mining equipment manufactured…

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