Former acting CFTC Chair Caroline Pham: No congressional authorization is needed to regulate most crypto activity—when news breaks, I look at large orders first, then the price.
This is somewhat positive news, but examples of prices surging and then retreating after good news are nothing new. When news breaks, the first to move are often the quick-reacting funds; large investors usually take a little longer.
$BTC latest: 83882.4.

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