It seems as though Texas Senator Ted Cruz had perfect timing on the crypto dip.
On January 25th when the price of Bitcoin was hovering around $36k Ted Cruz purchased Bitcoin for an undisclosed amount between $15k-$50k, which we can only assume that he bought 1 full Bitcoin.
This is a great sign for overall wider crypto adoption and Cruz may have just started a new trend of politicians getting on board with Bitcoin in 2022, however he is not the first in DC to do so.
Congressional Crypto Investors in 2021
As Bitcoin has jumped already over 11% today and the world waits to see if we have already ended the short bear market, FOMO begins to set in and powerful people may be no different.
- Bitcoin currently sits at $41,417