Texas is positioned as a pioneer in incorporating cryptocurrency into its financial strategy after Lieutenant Governor Dan Patrick announced intentions to create a Texas Bitcoin Reserve. The plan is expected to be a top legislative priority in the 2025 session, further solidifying Texas’ standing as a blockchain-friendly state.
Bitcoin price failed again to clear the $53,000 resistance. BTC is now back below $52,000 and there are chances of a downside break below the $50,500 support.
Ethereum price spiked above the $3,000 resistance before the bears appeared. ETH is correcting gains, but dips might be limited below the $2,865 support.