
KEY POINTS
- Bitcoin traded at $106,352 at one point Sunday night on CoinGecko
- A Texas lawmaker introduced a bill to establish a state strategic $BTC reserve
- An industry expert expects more institutional action, potentially fueled by high-profile endorsements
Bitcoin passed $106,000 for the first time Sunday night amid high hopes for the U.S. to adopt a national strategic Bitcoin reserve and a festive atmosphere within the cryptocurrency community.