According to the White House, US President Joe Biden signed an executive order on Wednesday for the creation of digital dollar directing the government to evaluate the risks and benefits of developing a central bank digital currency, as well as other cryptocurrency concerns.
The administration's holistic and methodical approach soothed market fears of an imminent governmental crackdown on cryptocurrencies, and Bitcoin soared as a result of the news. Bitcoin climbed 9.1% to $42,280 in noo...
