The crypto market is on fire! 🚀 Bitcoin has surged to a two-month high of $96,750, leading a broad rally across major assets. This breakout comes amid significant regulatory friction, as Coinbase pulled its support for the Senate’s crypto market structure bill, citing major concerns with the latest draft. This move has forced the Senate to delay the vote, creating a pivotal moment for institutional clarity in the US.
• $BTC hits $96,750 (+2%), breaking key resistance levels.
• Coinbase withdraws support for Senate crypto bill, delaying legislation.
• Zcash avoids SEC action; Ripple secures Luxembourg license.
This price action signals strong bullish momentum, with ETH also gaining 2% to $3,360. The regulatory delay may introduce short-term volatility, but the market is currently prioritizing price discovery over legislative uncertainty. With altcoins like DCR and DASH leading the charge, we are seeing a healthy rotation of liquidity into the broader ecosystem. The market is watching closely to see if this momentum can sustain above the $96k psychological barrier.
Do you think the Senate bill delay will hurt or help long-term adoption? Drop your thoughts below! 👇
#BinanceSquare #CryptoNews #Bitcoin
• $BTC hits $96,750 (+2%), breaking key resistance levels.
• Coinbase withdraws support for Senate crypto bill, delaying legislation.
• Zcash avoids SEC action; Ripple secures Luxembourg license.
This price action signals strong bullish momentum, with ETH also gaining 2% to $3,360. The regulatory delay may introduce short-term volatility, but the market is currently prioritizing price discovery over legislative uncertainty. With altcoins like DCR and DASH leading the charge, we are seeing a healthy rotation of liquidity into the broader ecosystem. The market is watching closely to see if this momentum can sustain above the $96k psychological barrier.
Do you think the Senate bill delay will hurt or help long-term adoption? Drop your thoughts below! 👇
#BinanceSquare #CryptoNews #Bitcoin
