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news-imageFebruary 28, 2025

Texas Advances Senate Bill 21 to Establish Strategic Bitcoin Reserve

Texas is moving closer to becoming a leader in state-backed cryptocurrency reserves after the Senate Business and Commerce Committee unanimously passed Senate Bill 21 with a 9-0 vote. The bill now heads to the full Senate for further consideration, signaling growing state-level interest in Bitcoin as a financial asset.
Publisher: Tokenpost
Sentiment: Positive
BTC

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Bitcoins (BTC) price has dropped over 20% this month, marking its worst performance since June 2022. Despite the decline, traders on crypto exchange Bitfinex, known for accurately predicting market tops and bottoms, are increasing their long positions, signaling potential optimism for a rebound.

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Bitcoin's 2025 Outlook: Analyst Predicts Bullish Momentum

The cryptocurrency market has been grappling with a fresh wave of uncertainty, following the announcement from U.S. President Donald Trump regarding the imposition of a 25% tariff on the European Union. This decision has injected additional pressure into an already volatile market, causing panic selling across various digital assets, including Bitcoin (BTC).

Neutral
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When will Bitcoin price bottom?

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