From Financial Modeling Prep: 2025-05-21 06:49:00

Bitcoin price rose to $104,560 following the U.S. Senate’s cloture vote on the GENIUS Act and expectations of Trump’s tax cuts. Traders used FMP’s Cryptocurrency Daily API for real-time tracking.

The GENIUS Act, aimed at regulating stablecoin issuers, passed a key procedural hurdle. This move, highlighted by FMP’s Crypto News API, signals growing institutional confidence in the crypto space.

Bitcoin’s recent surge past $107,000 was driven by algorithmic buying and increasing institutional interest. Analyze trends and volatility using FMP’s Cryptocurrency Historical Data API for strategic insights.

Stablecoin regulations could lead to increased crypto allocations by banks and asset managers. The upcoming House vote on tax cuts may impact Bitcoin’s safe-haven status. Use data-driven strategies to manage risk and optimize entry points.



Read more at Financial Modeling Prep:: Bitcoin Climbs to $105K as Senate Clears Stablecoi…