Bitcoin (BTC) Price Nears $60,000 as Crypto Bounce Accelerates, Led by Ripple’s XRP Rally

Bobby Cirus

Bitcoin (BTC) Price Nears ,000 as Crypto Bounce Accelerates, Led by Ripple’s XRP Rally

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Meanwhile, Russian President Vladimir Putin signed a bill legalizing crypto mining in the country. “Russia seems to be taking action to catch up with the U.S. Bitcoin FOMO (fear of missing out) is intensifying at the national level,” said Ki Young Ju, CEO of crypto analytics firm CryptoQuant. “Their entry will boost the hashrate, strengthen network fundamentals, and diversify miners’ politics.”

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