Bitcoin price rockets to 8.350 USD and US SEC prioritizes crypto compliance in 2020
We proudly present to you today’s official Crypto2Cash Chronicle
Important, interesting and market moving news
08–01–2020
Bitcoin price rockets to 8.350 USD
On Tuesday Bitcoin price continued the rally of the previous day by retaking 8.000 USD then pushing above the 200-day moving average for the first time since November 2019.
Bitcoin is currently trading around 8.350 USD and has rallied almost 16 percent in 2020 until now.
Many believe Bitcoin’s strong surge has been heavily influenced by the rising tensions between the US and Iran.
US SEC prioritizes crypto compliance in 2020
The United States Securities Exchange Commission continues to scrutinize crypto as its compliance office adds fintech and digital assets to its annual priorities list.
The news is hardly surprising, given the broad rise in interactions between legal authorities and cryptocurrencies over 2019.
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