Bitcoin's recent price rally has brought a significant relief to investors. The cryptocurrency saw a 30% increase, climbing from $53,500 to $70,000. This surge comes in the wake of resolving the Mt. Gox overhang issue, which had been a looming concern for the Bitcoin community. However, as prices begin to cool off, the focus shifts towards the potential threats posed by the US government. Regulatory actions and policies could significantly impact Bitcoin's future value and stability.
