Crypto holds gains, Arizona passes BTC bill, Carney wins election

The crypto market is buoyed by substantial ETF inflows, leading to significant gains in cryptocurrencies. Arizona’s historic passage of a Bitcoin reserve bill signifies a potential shift in the regulatory landscape.

Notable strategic acquisitions in Bitcoin, amounting to $1.4 billion, reflect growing institutional interest. Meanwhile, Standard Chartered projects a bullish rise in Bitcoin prices to $120,000 by Q2 2025.

Coinbase is set to launch a Bitcoin Yield Fund, and South Korea is expected to approve several crypto ETFs this year, which will further legitimize the crypto market.

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