US Senator Ted Cruz says he is incredibly bullish on Bitcoin and he "bought the dip."

Speaking today, US Senator Ted Cruz stated that he is “incredibly bullish on Bitcoin.” Additionally, the US politician stated that he “bought the dip,” signaling that he purchased the digital asset in the midst of an overall market downturn.

Cruz has been connected to digital assets for some time. Specifically, the senator made headlines when he proposed a requirement for Capitol Hill to accept cryptocurrencies. Moreover, the proposal issued earlier this year would require vending machines and food service contractors to accept crypto payments.