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Bitcoin Stagnates at $64,000 as Clarity Act Stalls in Congress
['Sakamoto Nashi']
The Currency analytics
Community Trust ScoreLikely Real 79 % Real Likely Real 43 votesBitcoin remains in a holding pattern.
Stuck around $64,000 for several days, the crypto market is waiting for a signal that hasn’t come — and the U.S. Congress has confirmed that the wait will continue.
AdvertisementBitcoin ETFs Attract Inflows, But It’s Not EnoughBetween August 3 and August 5, Bitcoin ETFs attracted $626 million.
Read also: DaLand and Circuit Enable Credit Unions to Directly Access Bitcoin and Digital Assets$626 million in three days into Bitcoin ETFs, and yet the price doesn’t move.
Between August 3 and August 5, Bitcoin ETFs received $626 million, but legislative uncertainty and the Fed’s policy maintain resistance between $66,000 and $66,600 that Bitcoin cannot break through.