BULLISH: 🚀 The Global #CryptoMarket Cap rose 8% to $2.37T in the past 24 hours! 🔥
$BTC just hit $71K for the first time since Jun 2, up 10%.
Why is the market up today? 📈
•On August 19, President #TRUMP said the US is considering buying "sizable" amounts of #Bitcoin and other cryptocurrencies.
•He urged lawmakers to pass the Digital Asset Market Clarity Act to establish clear SEC–CFTC oversight, while praising CFTC Chair Michael Selig’s efforts to bring Hyperliquid’s perpetuals exchange into the U.S. legally.
•$190 billion has flowed back into crypto in the last 24 hours.
•SEC Chair Paul Atkins: “We will ensure that the greatest advances of the technological frontier are realized right here in America.”
Current Market Sentiment 🟢
The Fear & Greed Index has jumped to 55; last week it was 37 (Fear), moving back into Neutral as sentiment turns bullish again.
Imagine what could happen once the Crypto CLARITY Act passes. 🚀 The best is yet to come.
$BTC just hit $71K for the first time since Jun 2, up 10%.
Why is the market up today? 📈
•On August 19, President #TRUMP said the US is considering buying "sizable" amounts of #Bitcoin and other cryptocurrencies.
•He urged lawmakers to pass the Digital Asset Market Clarity Act to establish clear SEC–CFTC oversight, while praising CFTC Chair Michael Selig’s efforts to bring Hyperliquid’s perpetuals exchange into the U.S. legally.
•$190 billion has flowed back into crypto in the last 24 hours.
•SEC Chair Paul Atkins: “We will ensure that the greatest advances of the technological frontier are realized right here in America.”
Current Market Sentiment 🟢
The Fear & Greed Index has jumped to 55; last week it was 37 (Fear), moving back into Neutral as sentiment turns bullish again.
Imagine what could happen once the Crypto CLARITY Act passes. 🚀 The best is yet to come.