WASHINGTON — The clock is officially ticking for the cryptocurrency market as the U.S. Senate prepares to return from recess. Lawmakers face a tight 20-day legislative window to determine the fate of the Digital Asset Market Clarity Act (H.R. 3633)—the most advanced crypto market-structure bill in congressional history—leaving Bitcoin traders on edge as they hunt for a definitive regulatory catalyst.After a brutal slide in June, Bitcoin staged a notable recovery this month, rallying roughly 10% to briefly clear the $64,000 threshold before consolidating near $61,881. While the bounce has steadied jittery market sentiment, analysts warn that the momentum could fizzle out if it is driven purely by short covering and temporary relief. Traders are now looking to Washington, where the pending "...
Originally published on The Reporter 24
No comments: