Interpretation of the Texas Bitcoin Reserve Act: $10 million allocated, derivatives can be used | Bee Network
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On the morning of June 24, as Trump announced that Israel and Iran fully agreed to a comprehensive ceasefire, the secondary cryptocurrency market rebounded after the risk aversion last night due to fears of an escalating war. BTC briefly fell below $100,000 and then rebounded to break through the $106,000 mark, with many altcoins waiting for an opportunity to rebound. Affected by the situation in the Middle East, BTC has been falling back for nearly a week, hitting a low of $98,200 yesterday and quickly rebounding to $106,075 today, an increase of more than 8.02% during the period. The Fed has turned dovish again, with Fed Governor Bowman speaking out, supporting a rate cut as early as July. The lack of significant inflationary pressure since Trump imposed tariffs on April…# Analysis# Airdrop# bitcoin# crypto# defi# Exchange# Market# ToolPre
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- Original author: Weilin, PANews Texas Governor Greg Abbott recently signed SB 21, making Texas the third state in the U.S. to pass legislation to establish a state-level strategic Bitcoin reserve....