Cryptocurrency News

Rari, Telos and Polymath rally as Bitcoin price hits $44K



Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa (NYSE:V) announced that it has developed a layer-2-based blockchain interoperability hub that will support cryptocurrency payments and Federal Reserve chair Jerome Powell stated that the regulator has no intention of banning cryptocurrencies.

The rise in sentiment coincided with a positive day for the price action in Bitcoin, which is up 5.74% and trading near $44,000 at the time of writing.

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