Bitcoin Eases Toward $80,000 as CFTC Sends Crypto Rules to White House

Bitcoin's price has eased toward $80,000 after briefly trading above $81,000. This dip in price comes as the Commodity Futures Trading Commission (CFTC) sends proposed crypto-market rules to the White House for review.

The regulatory step may offer a constructive counterweight to the Federal Reserve's rate increase and the Senate's recent failure to advance the CLARITY Act. Despite this, Bitcoin remains volatile and continues to show dip demand.

Remittix, on the other hand, is quietly building its financial ecosystem through the policy cycle. The project aims to create transaction demand by settling over 50 supported cryptocurrencies into more than 30 fiat currencies through bank transfers.