BREAKING
435d 22h ago

Florida and Pennsylvania Pave the Way for Bitcoin Reserves in 2025

BTC

BTC/USDT

$68,550.03
-0.83%
24h Volume

$15,625,149,390.75

24h H/L

$70,126.67 / $68,000.00

Change: $2,126.67 (3.13%)

Long/Short
70.1%
Long: 70.1%Short: 29.9%
Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,336.54

-0.72%

Volume (24h): -

Resistance Levels
Resistance 3$78,145.00
Resistance 2$73,179.09
Resistance 1$70,145.84
Price$68,336.54
Support 1$65,650.48
Support 2$60,000.00
Support 3$47,080.00
Pivot (PP):$68,868.81
Trend:Downtrend
RSI (14):35.5

According to recent reports from COINOTAG, dated December 8th, certain U.S. states are moving ahead of federal initiatives regarding Bitcoin reserves. Notably, Florida is taking proactive measures to establish a state reserve by the first quarter of 2025. In a similar vein, Pennsylvania is advancing a strategic proposal that could mandate a 10% investment of its general fund into Bitcoin, a bill introduced last month. Meanwhile, states such as Michigan and Wisconsin are opting for indirect exposure to Bitcoin via investments in cryptocurrency-related ETFs and trusts. This decentralized approach reflects a growing trend among states to adopt digital assets, potentially paving the way for a more integrated financial landscape centered around cryptocurrencies.

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