Crypto
Bitcoin Stagnates Below $78K Amid Regulatory Limbo
Bitcoin's price remained stable below $78k on Thursday as markets await key U.S. regulatory developments.
The cryptocurrency rose 0.2% to $77,759.4 by 02:01 ET (06:01 GMT), but overall appetite for crypto was subdued due to persistent caution over the U.S.-Iran conflict and growing expectations for interest rate hikes.
SEC Chair Paul Atkins said earlier this week that he expects the Senate to hold a key procedural vote on the Clarity Act on September 15, which aims to establish a regulatory framework for crypto in the U.S.