Despite Bitcoin failing to hold above $80,000 following the recent rally, the cryptocurrency is unlikely to revisit the lower price levels it has hovered near for much of this year, according to CoinMarketCap Head of Research Alice Liu.“I think we might have already touched the bottom,” Liu tells Cointelegraph on Trade Secrets, referring to Bitcoin falling to around $59,000 in June this year, approximately 53% below its October all-time high of $126,100. Bitcoin recently tapped $81,600 at the start of September, an approximate 28% rally since mid-August. It pushed the CoinMarketCap Crypto Fear & Greed Index, which measures overall sentiment in…

Crypto’s moment of CLARITY arrivesThe CLARITY act heads for a crucial Senate vote on September 15, with Politico reporting that Democrat senators were called to a meeting on Sunday by Minority Leader Chuck Schumer to discuss their position. While Polymarket puts the odds of CLARITY becoming law this year at just 24%, the odds of there being 60 votes in favor of the cloture vote on Tuesday are higher, as it would simply move the bill into the amendment and debate phase. That’s where the rubber would hit the road on issues that have drained support so far including ethics…

AI & Crypto

Read More

Politics

Don't Miss!