Surprise and by my opinion it explain current price rise
Crypto press is not sharing that news yet
Take close look and read
The bill would clarify which virtual currencies qualify as commodities, provide optional regulatory structure
House bills with bipartisan support would direct regulators to examine new ways to oversee digital assets and protect them from manipulation, as some lawmakers strive to make financial technologies more mainstream.
In the U.S., a group known as the Virtual Commodity Association has been working to establish an industry-sponsored regulator tasked with governing digital assets. If the idea moves forward, it would function in a similar manner to stock markets, where conduct is partly policed by the industry itself.
https://www.rollcall.com/news/congress/house-bills-revisit-regulation-cryptocurrencies
If that bill will pass then even ETF will be possible
“Virtual currencies and the underlying blockchain technology has a profound potential to be a driver of economic growth,” Soto said in a statement. “That’s why we must ensure that the United States is at the forefront of protecting consumers and the financial well-being of virtual currency investors, while also promoting an environment of innovation to maximize the potential of these technological advances.”
