Bitcoin Momentum Builds – What You Need to Know Today

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Hey crypto trailblazer, 👋

This week, Bitcoin's bullish momentum continues, with significant developments on both institutional and state levels. Let's dive into the latest headlines shaping the crypto landscape.

🚀 Bitcoin Surges Past $97K Amid Institutional Interest

Bitcoin has once again reclaimed the $97,000 mark. This surge is attributed to renewed institutional interest and optimism surrounding more ETF approvals. Technical analysts note strong support around $95,000, with resistance near the psychological $100,000 level.

If this trend continues, Bitcoin may reclaim $100,000 by end of May.

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🏛️ New Hampshire Establishes Strategic Bitcoin Reserve

New Hampshire has become the first U.S. state to pass legislation allowing the investment of public funds into Bitcoin.

Governor Kelly Ayotte signed HB 302 into law, permitting up to 5% of the state's treasury to be allocated to digital assets with a market capitalization exceeding $500 billion. The assets will be held through secure custody solutions or exchange-traded products.

💬 Kiyosaki Endorses Bitcoin Over Gold and Silver

Financial educator Robert Kiyosaki, author of "Rich Dad Poor Dad," has reiterated his preference for Bitcoin over traditional precious metals.

Highlighting Bitcoin's fixed supply of 21 million coins, Kiyosaki argues that this scarcity makes it a superior hedge against inflation compared to gold or silver, which can be mined further.

Stay informed and agile as the crypto market continues to evolve with these groundbreaking developments.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.