{"id":21711,"date":"2025-04-11T15:16:49","date_gmt":"2025-04-11T15:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21711"},"modified":"2025-04-11T15:16:49","modified_gmt":"2025-04-11T15:16:49","slug":"why-is-bitcoin-up-today-btc-climbs-past-83k-as-florida-passes-historic-bitcoin-reserve-bill","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21711","title":{"rendered":"Why Is Bitcoin Up Today? BTC Climbs Past $83K As Florida Passes Historic Bitcoin Reserve Bill"},"content":{"rendered":"<div>\n<p>Bitcoin (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is climbing ahead of the weekend, trading around the $83,000 mark after bouncing from intraday lows around $78,953 Friday morning. The 4% gain comes as a new wave of institutional and government interest bolsters the crypto market&#8217;s confidence, with Florida taking a major legislative step toward creating a state-level Bitcoin reserve.<\/p>\n<p><strong>Florida Passes Bitcoin Reserve Bill With Unanimous Support<\/strong><\/p>\n<p>The key catalyst behind Bitcoin&#8217;s Friday rally is the Florida House Insurance and Banking Subcommittee&#8217;s unanimous approval of HB 487, a bill that would allow the state to allocate up to $1.5 billion in public funds into Bitcoin.\u00a0<\/p>\n<p>It marks a historic moment for the crypto industry, making Florida the first U.S. state to advance a Bitcoin reserve bill through committee without a single vote against.<\/p>\n<p>The bipartisan nature of the decision and its proposed scale have surprised many in both political and financial circles. Florida&#8217;s move positions it at the front of an emerging race among U.S. states to build sovereign digital asset reserves.<\/p>\n<p>Republican Representative Webster Barnaby, the bill&#8217;s sponsor, argued that the legislation would put Florida &#8220;on the leading edge of this very &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44764578\/why-is-bitcoin-up-today-btc-climbs-past-83k-as-florida-passes-historic-bitcoin-reserve-bil\" alt=\"Why\" is bitcoin up today btc climbs past as florida passes historic reserve bill>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is climbing ahead of the weekend, trading around the $83,000 mark after bouncing from intraday lows around $78,953 Friday morning. The 4% gain comes as a new wave of institutional and government interest bolsters the crypto market&#8217;s confidence, with Florida taking a major legislative step toward creating a state-level Bitcoin reserve. Florida [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21711","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21711"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21711\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}