$BTC
Why’s crypto on the move then? 🤔
There’s three big reasons behind all this madness in the market
_ US crypto laws have proper hit a wall
The Senate failed to push through the CLARITY Act on September 15th, leaving the whole regulatory setup for digital assets properly up in the air
_ Regulators are still cracking on though
Despite the bill getting blocked, the SEC introduced a five-year conditional exemption to get tokenized stock trading moving, while the CFTC’s been pushing forward with its own crypto rules. That helped settle people's nerves a bit
$ETH
_ The macro situation’s a right proper mess
Central banks have been tightening things up, oil’s still sitting above a hundred quid a barrel, and US Treasury yields have shot past 5%
Usually, higher rates and yields put massive pressure on speculative stuff like crypto
$SOL
#BTCBreaks80K #Market_Update
Why’s crypto on the move then? 🤔
There’s three big reasons behind all this madness in the market
_ US crypto laws have proper hit a wall
The Senate failed to push through the CLARITY Act on September 15th, leaving the whole regulatory setup for digital assets properly up in the air
_ Regulators are still cracking on though
Despite the bill getting blocked, the SEC introduced a five-year conditional exemption to get tokenized stock trading moving, while the CFTC’s been pushing forward with its own crypto rules. That helped settle people's nerves a bit
$ETH
_ The macro situation’s a right proper mess
Central banks have been tightening things up, oil’s still sitting above a hundred quid a barrel, and US Treasury yields have shot past 5%
Usually, higher rates and yields put massive pressure on speculative stuff like crypto
$SOL
#BTCBreaks80K #Market_Update
