CandleFocus Bitcoin News Today: Slight Recovery, but THIS Move Triggers the Bull
2025-02-13
Author: Content Editor
Bitcoin is currently trading around $96,200 and struggling to reach the $100,000 mark, leading to uncertainty among investors. The latest US economic reports showing core inflation at 3.2% in January have not affected the crypto market significantly. Despite this, Bitcoin briefly dropped to $94,106 before recovering. Discussions around a US Strategic Bitcoin Reserve (SBR) have gained momentum, with a proposed Bitcoin Act suggesting the US government acquire one million BTC over five years. Multiple US states are also taking steps to integrate Bitcoin into their financial strategies. If the Bitcoin Act is passed, it could lead to widespread Bitcoin accumulation and drive prices to new highs, potentially shaping Bitcoin's future.
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