Bitcoin Prices Stabilize Near $79k Amid Regulatory Uncertainty
Bitcoin prices steadied at around $78,676 on Thursday after a recent rally stalled amid uncertainty over US regulations and the Middle East conflict.
The world's largest cryptocurrency fell by just 0.3% but remained volatile as investors continued to weigh up risks and opportunities in the market.
The latest price movement came despite a blowout set of earnings from Nvidia, which could draw capital back into AI stocks and away from crypto.
US regulatory developments remain a major focus, with President Donald Trump calling for more regulations last week. The Securities and Exchange Commission is reportedly working on introducing new rules for crypto custody services.