Summary
- It was announced that a bill has been proposed in Alabama to allow public funds to be invested in virtual assets.
- This bill reportedly allows some public funds to be invested in Bitcoin and virtual assets.
- Currently, Bitcoin is trading at $84,726, up 0.92% from 24 hours ago.

It has been revealed that a bill has been proposed in Alabama, USA, to allocate part of the state's public funds to virtual assets (cryptocurrencies).
On the 2nd (local time), Bitcoin Magazine announced on X that "a bill has been proposed to allow part of Alabama's funds to be invested in Bitcoin (BTC) and virtual assets."
As of 9:21 PM, Bitcoin is trading at $84,726, up 0.92% from 24 hours ago, based on the Binance USDT market.

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin breaks below $68,000 as losses deepen](https://media.bloomingbit.io/PROD/news/3a08fe32-6a33-4a62-bb89-4afb5c5399ca.webp?w=250)

![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)

