The new British government sounds bullish on crypto, while discussions in Washington about regulation are intensifying.For the first time in many weeks amid a chilly crypto winter, Bitcoin and Ethereum had a great week.
After dipping below $19,000 at the start of the week, Bitcoin then enjoyed a steady 7.3% recovery over the last seven days and trades for $21,236 at the time of writing, according to CoinMarketCap.
Ethereum, the second-largest cryptocurrency by market cap, rallied harder just days before the Ethereum merge event to proof of stake. It shot up 10.9% over the week and is currently worth $1,726.
more info