Market experts view bitcoin’s price stability as evidence of its fundamental independence from Washington, maintaining that global liquidity and adoption cycles remain the primary growth drivers.
- Bitcoin held near $75,000 despite a Federal Reserve rate increase and the Senate’s rejection of the Clarity Act, suggesting traders had largely anticipated both developments.
- Analysts expect near-term range-bound trading, with a move above $80,000 signaling a possible breakout and a drop below $75,000 threatening the recovery.
- The Clarity Act’s failure prolongs statutory uncertainty, but investors expect the S.E.C. and C.F.T.C. to advance crypto rules through existing authority as economic data and fund flows shape bitcoin’s next move.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Original sourceCoinDesk
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Read original ↗Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.
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