Congress has entered its summer recess, delaying the CLARITY Act until September.
Some traders are comparing this to the previous delay, when Bitcoin fell sharply from $97K to $64K.
Bitcoin has already slipped from around $67K to $64K, and some believe more volatility could be ahead.
Remember: past market moves don't guarantee what will happen next. Always do your own research before making investment decisions.#BTC #BitcoinMiningDifficultyMayFall1.2% #TrumpNFT $AAPL.US $BTC $GOOGL.US
Reports are circulating that BlackRock has sold around $200 million worth of $BTC in a short period, ahead of a rumored emergency announcement from President Trump.🇺🇸$TRUMP
Some traders believe this could trigger a sharp drop in Bitcoin's price, while others caution that these claims are unverified and market rumors often spread quickly during periods of volatility.
As always, wait for confirmed information before making trading decisions.
CMC Market Pulse: Crypto Market Seeks Clarity Bitcoin gained 4.16% and Ethereum rose 2.98% this week, pushing the total crypto market cap to $2.22T. While traditional equities struggled, crypto showed surprising resilience. Now, investors are watching the CLARITY Act, which could become a major catalyst for the market. Here's a quick breakdown of the biggest crypto stories this week💰#SenateRejectsIranWarPowersResolution #BTC #cryptouniverseofficial $NVDAB $NVDA.US $GOOG.US