$BTC (24h +1.31%), here’s the news: The American Bankers Association criticized the OCC’s new stablecoin rules, saying they leave a loophole for third parties to offer yield.
It’s a low-key development—worth noting, but not something to trade on. The first pullback after the news broke will be crucial: holding that level would show that support is still there.
What do you think—bullish or bearish?