Schwab Network

$65K New Floor for Bitcoin Despite Questions Marks on "Perfect Solution?"


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Crypto is becoming more of a safe haven for inventors looking to escape volatility, argues Erin Friez. A sticking point she sees is Congress not passing the Clarity Act, making the case that a "perfect solution" can only be reached if the legislation moves forward. Broader institutional adoption of cryptocurrencies adds to John Haar's bull case for the space. He has reasons to believe that $65,000 is Bitcoin's new bottom as the crypto space shows resiliency to greater economic uncertainty.


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