Bitcoin News
By Jean-Luc Maracon
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Trump's Interests at the Heart of the Blockage. One of the core issues is Donald Trump. His direct interests in cryptocurrencies generated over a…
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Molina: "Banks Will Move Forward Anyway". Javier Molina, an analyst at eToro, takes a more measured view.
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Bitcoin is at $76,400 on Thursday. No rebound in sight, no reassuring signal either. The U.S.
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The timing is brutal. The Clarity Act was supposed to be the next major legislative project for crypto after the Genius Act, passed in July.
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It's still unclear when discussions will resume.
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One of the core issues is Donald Trump. His direct interests in cryptocurrencies generated over a billion dollars last year — a figure that weighs heavily in the debates.
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And it's not the only point of friction. The issue of yield payments by stablecoin issuers hasn't found consensus either.
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Result: uncertainty sets in, and bitcoin pays the price.
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Javier Molina, an analyst at eToro, takes a more measured view. For him, the suspension of the regulatory framework slows the integration of cryptos with traditional currencies…
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Related reading: Bitcoin Falls 4% in Senate as Clarity Act Fails at 49 Votes
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That's the optimistic view. Because on the market fundamentals side, it's more complicated. The U.S.
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Related: Bitcoin Plummets After Senate Blocks Clarity Act in Narrow Vote
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Bitcoin has attempted several times to break through the $82,000 to $83,000 zone. Failed each time. This level has become a psychological as well as a technical resistance.
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Molina points to two areas to watch closely. First support: between $75,000 and $76,000. If this floor gives way, the next likely stop is between $69,000 and $70,000.
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To regain strength, bitcoin must climb back above $78,000 to $80,000 initially. Breaking through $83,000 would be the truly convincing signal — but that requires spot demand and…
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