Why is crypto going up?

Cryptocurrency is pumping presumably due to the UK crypto regulation news. ChangeNOW meets impressive audience growth amid unexpected bull run on crypto market.

Cryptocurrency is pumping – presumably, due to the U.K. crypto regulation news.

The House of Commons – the lower house of the U.K.’s parliament – has just voted in favor of recognizing cryptocurrency as a regulated financial instrument.

This, along with the rise in the U.S. equities and many investors recognizing Bitcoin as a hedge against inflation, acted as a powerful catalyst for the crypto market growth, with Bitcoin and Ethereum rising 5% and 12% respectively, and many Top-50 altcoins seeing double-digit gains.

ChangeNOW has also met an impressive audience growth and a surge in the exchange activity amid this unexpected crypto market bull run.

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