#trumppressescongresstopassclarityact Crypto market shows increased momentum: market capitalization stands at $2.31T, and #Bitcoin❗ $BTC
is trading around $75,000, trying to hold above the psychological level after a recent jump. BTC dominance remains high—about 60.2% Oil road and inflation: Market-maker analysts warn that rising oil prices may accelerate inflation in the United States. This will give the Federal Reserve (Fed) additional arguments to keep tight monetary policy, which is a negative signal for risk assets. Jackson Hole expectations: The main focus of traditional and crypto investors has shifted to the economic symposium at Jackson Hole (August 27–29), where statements by Fed officials will set the tone for the fall. Geopolitics: Tensions around the Strait of Hormuz remain a significant external risk factor that is holding back large buyers.#BitcoinHitsIntradayHigh$75500 #FASBProposesStablecoinsAsCashEquivalents #BTC
is trading around $75,000, trying to hold above the psychological level after a recent jump. BTC dominance remains high—about 60.2% Oil road and inflation: Market-maker analysts warn that rising oil prices may accelerate inflation in the United States. This will give the Federal Reserve (Fed) additional arguments to keep tight monetary policy, which is a negative signal for risk assets. Jackson Hole expectations: The main focus of traditional and crypto investors has shifted to the economic symposium at Jackson Hole (August 27–29), where statements by Fed officials will set the tone for the fall. Geopolitics: Tensions around the Strait of Hormuz remain a significant external risk factor that is holding back large buyers.#BitcoinHitsIntradayHigh$75500 #FASBProposesStablecoinsAsCashEquivalents #BTC