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Crypto

Crypto Market Stagnant Amid US Regulatory Setbacks

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BTC
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The crypto market remains stagnant, with Bitcoin trading around $62,900, showing little daily movement but down over 3% weekly.

Regulatory setbacks in the US have removed catalysts for a price rally, including the SEC delaying a key crypto rule vote and stalled Senate action on the CLARITY Act.

Bitcoin dominance holds steady at 56.1%, indicating capital is exiting crypto rather than rotating into altcoins.

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