BREAKING
428d 17h ago

Florida and Pennsylvania Pave the Way for Bitcoin Reserves in 2025

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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