đš CRYPTO JUST FLIPPED THE SCRIPT THIS WEEK! đ„
We were having a rough time this week. What started out as a brutal one for crypto turned around with a powerful comeback!
đThe CLARITY Act fell short, Bitcoin dropped to $75k and all was bleak (bearish) on markets⊠until now!
Then came the turnaround:
đșđž Strategic Bitcoin Reserve legislation advanced
đ°Crypto tax legislation moved forward
đïžSEC announced plans for clearer crypto rules and approved onchain stock trading
đCFTC sent its crypto market rules to the White House for review
And Bitcoin responded. đ
BTC/USD price chart: âż BTC price moved up nearly $6,000 this week ($75K to $81K), reclaiming the 50-day moving average.
Ethereum (ETH) crossed back over its $2,600 level earlier today as well, and the entire altcoin market cap hit an 8-month high on Wednesday. Hereâs what all of that meansâŠ
Strong resilience from the crypto market despite the massive negative headlines & bearish positioning.
One of the most dramatic sentiment reversals of the year. đ±đ„
#bitcoin #Ethereum #Crypto #CLARITYAct #CryptoMarket
We were having a rough time this week. What started out as a brutal one for crypto turned around with a powerful comeback!
đThe CLARITY Act fell short, Bitcoin dropped to $75k and all was bleak (bearish) on markets⊠until now!
Then came the turnaround:
đșđž Strategic Bitcoin Reserve legislation advanced
đ°Crypto tax legislation moved forward
đïžSEC announced plans for clearer crypto rules and approved onchain stock trading
đCFTC sent its crypto market rules to the White House for review
And Bitcoin responded. đ
BTC/USD price chart: âż BTC price moved up nearly $6,000 this week ($75K to $81K), reclaiming the 50-day moving average.
Ethereum (ETH) crossed back over its $2,600 level earlier today as well, and the entire altcoin market cap hit an 8-month high on Wednesday. Hereâs what all of that meansâŠ
Strong resilience from the crypto market despite the massive negative headlines & bearish positioning.
One of the most dramatic sentiment reversals of the year. đ±đ„
#bitcoin #Ethereum #Crypto #CLARITYAct #CryptoMarket
