Ether’s Price Rises, Bitcoin Drops as ‘Crypto Week’ Comes to a Close
KEY TAKEAWAYS
- Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.
- President Donald Trump, who has previously said he wants to make the U.S. “the crypto capital of the world,” is expected to sign the GENIUS Act passed Thursday into law. Two bills still require Senate passage.
- Bitcoin was trading a bit below the $120,000 level it has seen recently. The total market cap of cryptocurrency was a bit below $4 trillion.
Ether, the second-largest cryptocurrency after Bitcoin, continued to surge after the House of Representatives approved three crypto-friendly bills that could give…
