đșđž The biggest problem for Bitcoin right now might not be Bitcoin.
U.S. demand has stayed weak, with the Coinbase Premium reportedly negative for around 90 days.
And when you look at the bigger picture, it makes sense.
Regulatory uncertainty is still hanging over the market, with the CLARITY Act pushed toward a September Senate vote.
Add geopolitical risks, inflation uncertainty and questions around the Fedâs next moveâŠ
Investors have plenty of reasons to stay cautious.
Bitcoin doesnât necessarily need another bullish narrative.
It needs uncertainty to disappear.
Once confidence returns, U.S. capital could become one of BTCâs biggest catalysts again.
$BTC
#BinanceSquareFamily #Write2Earn
U.S. demand has stayed weak, with the Coinbase Premium reportedly negative for around 90 days.
And when you look at the bigger picture, it makes sense.
Regulatory uncertainty is still hanging over the market, with the CLARITY Act pushed toward a September Senate vote.
Add geopolitical risks, inflation uncertainty and questions around the Fedâs next moveâŠ
Investors have plenty of reasons to stay cautious.
Bitcoin doesnât necessarily need another bullish narrative.
It needs uncertainty to disappear.
Once confidence returns, U.S. capital could become one of BTCâs biggest catalysts again.
$BTC
#BinanceSquareFamily #Write2Earn