Bitcoin prices have increased due to the fact that the state of New York approved a BitLicense for the Squares Cash App that can now be used for Crypto Trading. The Square Cash App has approximately 7 Million monthly active users, as reported by Square Inc.
this is great news, we know New York is the center of one of the major cities in the United States. this will have a huge impact, with this news will provoke bitcoin market turmoil for the better.