Bitcoin Explodes After U.S Lawmakers Express Support For The Cryptocurreny

Recently, Donald Trump and Fed Chief Norman Powell expressed concerns about the viability of the cryptocurrency, citing concerns about security and money laundering, but over the past 24 hours, two lawmakers have expressed their support, which could be the reason for this sharp uptick.

According to cryptopotato.com, this is the largest green candle of the year, and at one point, BTC went up as much as 9% in only a few minutes.

courtesy tradingview

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