Make CryptoSlate preferred on Bitcoin’s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills.Data from CryptoSlate showed that the top asset was trading at $79,083 as of press time, down more than 3% after another failed attempt to hold above $82,000.Blockchain analytical firm Santiment attributed the reversal to a “buy the rumor, sell the news” market reaction to the Senate Banking Committee's approval of the CLARITY Act. This was a policy milestone that would typically improve sentiment across digital assets by moving market-structure legislation closer to a full Senate...
Make CryptoSlate preferred on Bitcoin’s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills.Data from CryptoSlate showed that the top asset was trading at $79,083 as of press time, down more than 3% after another failed attempt to hold above $82,000.Blockchain analytical firm Santiment attributed the reversal to a “buy the rumor, sell the news” market reaction to the Senate Banking Committee's approval of the CLARITY Act. This was a policy milestone that would typically improve sentiment across digital assets by moving market-structure legislation closer to a full Senate...
