Bitcoin's breakout suggests further upside, but a pullback to $118,000 remain possible, Deribit's CCO said.

Senator Lummis stated that the acquisition of funds for the US Bitcoin Reserve can commence at any time, as Jeff Park floated the idea of utilizing $1 trillion in paper gold gains.

Gold neared a record $4,000 per ounce as investors sought safety. Bitcoin typically follows gold's moves with a lag, signaling a potential rally in Q4.

As of Monday, six such proposals had been filed in the House, collectively seeking just over $5.5 million.

'Floridians have made it clear they want tax relief soon. That will come in November 2026.'

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