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

Bitcoin sees some much-needed relief thanks to a combination of Fed policy confirmation and rumors of a “significant update” to US crypto plans.

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

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching nearly $87,500 on Bitstamp.

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