Florida Congressman Matt Gaetz has ignited a fresh debate on the intersection of cryptocurrency and traditional finance. This week, Gaetz introduced a bill proposing Bitcoin (BTC) as a legitimate payment method for federal income taxes in the United States.
Ripple’s (XRP) price action has consistently disappointed its investors, with the altcoin noting declines since the beginning of the month
Going forward, the crypto asset could see a period of consolidation as the investors exhibit mixed signals.