Bitcoin volatility could surge as BTC trades within the $62,300–$66,500 range
Bitcoin is consolidating between $62,300 and $66,500 since mid-July while trading volume and implied volatility decline. US spot Bitcoin ETFs experienced $389.71 million in net outflows during the week.
Read full story →S&P 500 Falls, Bitcoin Surges as Traders Await the Fed Minutes: What Next?
The S&P 500 fell 0.52% while Bitcoin surged past $64,000 on Monday. Markets are awaiting Federal Reserve minutes from its July meeting to determine direction across asset classes.
Fundstrat predicts Bitcoin is overdue for 30% price moves
Bitcoin is overdue for 30% price movements according to Fundstrat analysis. Missing key trading days can drastically reduce returns when such swings occur.
US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation
The U.S. Treasury announced it is seeking public comment on a proposed rule under the GENIUS Act to clarify cryptocurrency licensing requirements. The government body is welcoming stakeholder input on regulations intended to provide industry clarity on who must obtain licenses.