Bitcoin’s value crossed $120,000. This surge happened because of positive sentiments around crypto rules in the United States. Institutions are also investing more. Ethereum and other altcoins like XRP and Dogecoin also saw gains. The US House passed the GENIUS Act, a bill to regulate stablecoins. Experts believe this could lead to more crypto adoption.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets