According to André Dragosch (@Andre_Dragosch) citing Bloomberg, Arizona lawmakers have officially backed Bitcoin investments, making it the first state in the U.S. to support crypto assets in this manner. This legislative move opens new trading opportunities for institutional and retail investors seeking regulated exposure to Bitcoin, potentially increasing demand and volatility for BTC/USD pairs. The development is expected to influence market sentiment and could prompt similar legislative action in other states, strengthening the legitimacy of digital assets as part of diversified portfolios (source: Bloomberg via André Dragosch, April 29, 2025).