:max_bytes(150000):strip_icc()/GettyImages-1436167319-0b89b77c84564a32b66dc78d36c7a329.jpg "Bitcoin briefly surges past ,000")
Key Takeaways
The price of bitcoin surged to over $59,000 before settling back down, with Germany selling off seized bitcoin and U.S. spot bitcoin ETF inflows remaining strong. In Congress, a vote is underway to overturn SEC policy on crypto custody for traditional banks, but the outcome is uncertain. Meanwhile, the CFTC chairman expressed concerns about the lack of legislative action on crypto scams affecting everyday Americans. Stay tuned for more updates on the evolving cryptocurrency landscape.
:max_bytes(150000):strip_icc()/GettyImages-1436167319-0b89b77c84564a32b66dc78d36c7a329.jpg&description=Bitcoin+briefly+surges+past+%2459%2C000){kind=link}