Bitcoin Stalls at $77,600 Amid US Regulation Uncertainty
Bitcoin's price has struggled to reach $78,000 due to uncertainty around US crypto regulation and upcoming Federal Reserve policy decisions. The Clarity Act is facing partisan hurdles, adding to the market's unease. Anshul Majumdar explains that this uncertainty is weighing on sentiment and slowing down Bitcoin's rally.
The price of Bitcoin has been stuck near $77,600 as its momentum wanes. Uncertainty surrounding US crypto regulation and upcoming Federal Reserve policy decisions are major concerns for investors. The Clarity Act faces partisan hurdles, further complicating the situation.