Investing.com– Bitcoin’s price rose on Tuesday after Democratic presidential candidate Kamala Harris pledged to support a regulatory framework for crypto, while the prospect of delayed distributions by Mt Gox also buoyed sentiment.
The world’s largest cryptocurrency traded slightly above a $50,000 to $65,000 trading range seen through most of the year. But it did come off highs hit over the weekend.
rose 2% to $65,395.0 by 01:14 ET (05:14 GMT).
Harris pledges crypto regulatory framework
Vice President Kamala Harris on Monday pledged to support a regulatory framework for crypto, including allowing black men easier access to the industry. But the details of her planned framework were not immediately clear.
Still, Harris’ pledge marked one of her first mentions of crypto policy in recent campaigning efforts, and sparked some hopes that she will not extend the Biden Administration’s…
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