🚨 CRYPTO JUST FLIPPED THE SCRIPT THIS WEEK! 🔥
We were having a rough time this week. What started out as a brutal one for crypto turned around with a powerful comeback!
📉The CLARITY Act fell short, Bitcoin dropped to $75k and all was bleak (bearish) on markets… until now!
Then came the turnaround:
🇺🇸 Strategic Bitcoin Reserve legislation advanced
💰Crypto tax legislation moved forward
🏛️SEC announced plans for clearer crypto rules and approved onchain stock trading
📜CFTC sent its crypto market rules to the White House for review
And Bitcoin responded. 🚀
BTC/USD price chart: ₿ BTC price moved up nearly $6,000 this week ($75K to $81K), reclaiming the 50-day moving average.
Ethereum (ETH) crossed back over its $2,600 level earlier today as well, and the entire altcoin market cap hit an 8-month high on Wednesday. Here’s what all of that means…
Strong resilience from the crypto market despite the massive negative headlines & bearish positioning.
One of the most dramatic sentiment reversals of the year. 😱🔥
#bitcoin #Ethereum #Crypto #CLARITYAct #CryptoMarket
We were having a rough time this week. What started out as a brutal one for crypto turned around with a powerful comeback!
📉The CLARITY Act fell short, Bitcoin dropped to $75k and all was bleak (bearish) on markets… until now!
Then came the turnaround:
🇺🇸 Strategic Bitcoin Reserve legislation advanced
💰Crypto tax legislation moved forward
🏛️SEC announced plans for clearer crypto rules and approved onchain stock trading
📜CFTC sent its crypto market rules to the White House for review
And Bitcoin responded. 🚀
BTC/USD price chart: ₿ BTC price moved up nearly $6,000 this week ($75K to $81K), reclaiming the 50-day moving average.
Ethereum (ETH) crossed back over its $2,600 level earlier today as well, and the entire altcoin market cap hit an 8-month high on Wednesday. Here’s what all of that means…
Strong resilience from the crypto market despite the massive negative headlines & bearish positioning.
One of the most dramatic sentiment reversals of the year. 😱🔥
#bitcoin #Ethereum #Crypto #CLARITYAct #CryptoMarket
