Bitcoin Dips Below $85,000, California Rep. Introduces Bill to Ban Officials from Issuing Meme Coins

03/01 05:18

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In the latest episode of CNBC Crypto World, bitcoin continues to decline this week, dropping below $85,000. Additionally, a bill has been proposed by Rep. Sam Liccardo of California to prevent high-ranking government officials from profiting from meme coins. Alice Liu from CoinMarketCap analyzes the main factors contributing to the recent downturn in the crypto market.

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