The crypto market rally was driven by several factors:
🇺🇸 US Treasury: Treasury buybacks increased from $2B to at least $4B, supporting market liquidity.$BTC
📉 Weak US Dollar: The Dollar Index fell to a three-month low, boosting Bitcoin and other risk assets.
🏛️ Regulatory optimism: President Trump urged Congress to pass a “fair version” of the CLARITY Act, raising hopes for clearer crypto regulations.$ETH
🚀 Bullish sentiment: Coinbase CEO Brian Armstrong said a strong bipartisan CLARITY Act vote could trigger the next bull run in October.$ONG
😈 Fear to Greed: The Crypto Fear & Greed Index jumped from 46 to 72 in just one day.
🇺🇸 US Treasury: Treasury buybacks increased from $2B to at least $4B, supporting market liquidity.$BTC
📉 Weak US Dollar: The Dollar Index fell to a three-month low, boosting Bitcoin and other risk assets.
🏛️ Regulatory optimism: President Trump urged Congress to pass a “fair version” of the CLARITY Act, raising hopes for clearer crypto regulations.$ETH
🚀 Bullish sentiment: Coinbase CEO Brian Armstrong said a strong bipartisan CLARITY Act vote could trigger the next bull run in October.$ONG
😈 Fear to Greed: The Crypto Fear & Greed Index jumped from 46 to 72 in just one day.