🇺🇸 The biggest problem for Bitcoin right now might not be Bitcoin.
U.S. demand has stayed weak, with the Coinbase Premium reportedly negative for around 90 days.
And when you look at the bigger picture, it makes sense.
Regulatory uncertainty is still hanging over the market, with the CLARITY Act pushed toward a September Senate vote.
Add geopolitical risks, inflation uncertainty and questions around the Fed’s next move…
Investors have plenty of reasons to stay cautious.
Bitcoin doesn’t necessarily need another bullish narrative.
It needs uncertainty to disappear.
Once confidence returns, U.S. capital could become one of BTC’s biggest catalysts again.
$BTC
#BinanceSquareFamily #Write2Earn
U.S. demand has stayed weak, with the Coinbase Premium reportedly negative for around 90 days.
And when you look at the bigger picture, it makes sense.
Regulatory uncertainty is still hanging over the market, with the CLARITY Act pushed toward a September Senate vote.
Add geopolitical risks, inflation uncertainty and questions around the Fed’s next move…
Investors have plenty of reasons to stay cautious.
Bitcoin doesn’t necessarily need another bullish narrative.
It needs uncertainty to disappear.
Once confidence returns, U.S. capital could become one of BTC’s biggest catalysts again.
$BTC
#BinanceSquareFamily #Write2Earn