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Bitcoin Price Rallying on Increased Regulation
"Apparently this is now just another wall street plaything, and everybody wants more regulations so they can get their e t f s," says CNN's John Sutter. "Once he put some regulation into that, then it's like k opened the doors to institutions, and it's like, k, here's another trillion dollars that we can pour into crypto." The price of bit coins has rallied because it's basely o stock at this point, writes Sutter.