{"id":20409,"date":"2022-07-08T10:45:37","date_gmt":"2022-07-08T02:45:37","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.phillipnova.com.sg\/?post_type=daily_headlines&p=20409"},"modified":"2022-07-12T14:22:10","modified_gmt":"2022-07-12T06:22:10","slug":"bitcoin-rises-above-21k-boris-johnsons-resignation-creates-uncertainty-for-uks-future-crypto-plans","status":"publish","type":"daily_headlines","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.phillipnova.com.sg\/daily_headlines\/bitcoin-rises-above-21k-boris-johnsons-resignation-creates-uncertainty-for-uks-future-crypto-plans\/","title":{"rendered":"Bitcoin Rises Above $21k; Boris Johnson\u2019s Resignation Creates Uncertainty for UK\u2019s Future Crypto Plans"},"content":{"rendered":"\n

\ud83d\udcc8BTC | $21,971.53 (+$1,592.11, +7.81%)
\ud83d\udcc8ETH | $1,249.42 (+$81.95, +7.02%)
\ud83d\udcc8XRP | $0.350724 (+$0.023588, +7.21%)
\ud83d\udcc8LTC | $53.27 (+$3.37, +6.76%)<\/p>\n\n\n\n

\ud83d\udcc8Total Crypto Market Cap: The global crypto market cap is $967.80B (+5.41%)<\/p>\n\n\n\n

\ud83d\ude4fFederal Open Market Committee minutes from last month seem to have allayed concerns about the Fed\u2019s further tightening of its monetary policy, as seen by a 4-day straight increase in cryptocurrency prices. Recently, Bitcoin traded at roughly $21,900, up more than 7% in the previous day. Over $1,200 worth of ether was being traded, up by 7%. Other altcoins were also green, with XRP and LTC increasing by roughly 7% and 6%, respectively. The gains dovetailed with stock price gains in important market indices.<\/p>\n\n\n\n

\ud83d\udeb6\ud83c\udffc\u200d\u2642\ufe0fThe future course of crypto policy in the United Kingdom is uncertain in light of Boris Johnson’s resignation as prime minister. The resignation raises the question of whether the future administration will be as pro-Web 3 as Johnson’s administration was, and it is now likely to upset the government’s legislative agenda on matters like stablecoins.<\/p>\n\n\n\n

\ud83d\udcb8The euro’s decline near $1 for the first time in 20 years has crypto traders focused on the implications of the exchange rate on cryptocurrency values and stablecoins backed by the euro. According to some analysts, the euro’s recent decline may have a negative impact on the bitcoin (BTC) market and the demand for stablecoins tied to the euro.<\/p>\n\n\n\n

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