Market Cap at 1:52 (UTC) – $199,886,422,706 billion
Bitcoin dominance: 68.9 %
BTC $7,602.44 (+5.42%)
ETH $134.27 (+3.08%)
XRP $0.196847 (+1.29%)
Congress to draft a new crypto bill
According to Forbes, U.S Lawmakers will soon introduce a new bill which provides a framework for regulating cryptocurrencies. The bill called “Crypto-Currency Act of 2020” will clarify which Federal agency is responsible for regulating digital assets. Moreover, the bill will classify various crypto classes such as stablecoin, synthentic stablecoin, crypto-commodity, etc.
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