Bitcoin price tags 2-week highs as markets bet big on Trump crypto news

Bitcoin (BTC) spiked to two-week highs on March 20 amid rumors that the US government was preparing a “major update” to its crypto policy. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Fed’s Powell injects relief into stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching nearly $87,500 on Bitstamp. Currently consolidating near $86,000, Bitcoin benefitted from a fairly cool Federal Reserve meeting the day prior in which officials opted to hold interest rates at current levels source: https://cointelegraph.com/news/bitcoin-price-2-week-highs-markets-bet-big-trump-crypto-news?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound