Bitcoin reaches 1-week high amid expectations of easing regulation in U.S.

11:53 - 13.03.2026


March 13, Fineko/abc.az. Bitcoin has surged on Friday, continuing its recent gains and hitting a one-week high as hopes for more cryptocurrency-friendly regulation in the U.S. helped markets strengthen despite lingering concerns about the U.S. and Israel's war with Iran.

ABC.AZ informs that the world's largest cryptocurrency, was also heading for weekly gains, with some support from the recent suspension of the oil rally.

Bitcoin rose almost by 3% up to $71,529.7 by 10:49 a.m. (05:49 GMT).