Arizona has become the first U.S. state to approve a Bitcoin reserve bill allowing up to 10% of public funds to be invested in virtual currencies like Bitcoin. The bill now awaits approval from Democratic Governor Katie Hobbs to become law.
At the time of writing, Bitcoin (BTC) is trading at $94,386, while Ethereum (ETH) is priced at $1,800.
The Fear and Greed Index stands at a neutral level of 53.
Key developments scheduled for today:
BNB (BNB): The Lorentz Hardfork is taking place.
PancakeSwap (CAKE): The Syrup Pools update is being rolled out.
