Bitcoin Price Prediction: Montana Becomes The 4th US State To Advance A BTC Reserve Bill To House As Investors Rush To This ICO Offering Free Bitcoin
The Bitcoin price went up 1% in the last 24 hours to trade at $96,892 as of 2:25 a.m. EST on trading volume that dropped 25% to $28.77 billion. The BTC price recently dipped below $95k as a major bearish wave pushed it down, but it quickly recovered from this dip. Now, new reports have emerged stating that Montana just became the 4th US state to advance the Bitcoin reserve bill to the House. Apart from Montana, the only other states that have made this much progress are Utah, Arizona, and Oklahoma. It should also be noted that the bill was amended to exclude the requirement that funds must be held by qualified custodians or through an exchange-traded fund. If passed, it will come into effect on July 1, letting the state treasurer move up to $50m to special accounts used for investing in precious metals, stablecoins, and other digital assets. Bitcoin Price Prediction As for Bitcoin’s price itself, its recent drop below the $95k mark actually led it all the way down to $93,487. ...