I spent quite a while discussing the following story with friends in the group: After the US CLARITY Act hit a setback, lobbying spending by a certain exchange and other crypto institutions fell in the third quarter.
This story is more useful for understanding what’s happening in the market; it has limited relevance to short-term price movements.
After reading it, I opened the candlestick chart for a look. The market still seems to be digesting the news.
$BTC Currently at 83301.93 (24h +0.41%).