Bitcoin price surges beyond 102,500 USD: Bitcoin’s value has surpassed 102,500 USD driven by positive trends in the crypto market and supportive comments from former President Trump. This surge coincides with Texas advancing legislation to leverage Bitcoin for crucial state financial operations.
Texas aims to combat inflation with Bitcoin: The new Texas law allows Bitcoin payments for taxes and fees, aiming for financial stability. By potentially acquiring over a million Bitcoins, the state aspires to mitigate inflation risks and set a precedent for other regions.