Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.
Negotiations between Senate Republicans and Democrats have pushed the cryptocurrency bill's vote into 2026 after weeks of debate over which rules to include. The delay extends regulatory uncertainty for crypto firms and investors.
Conservative Republicans are angry after language banning a central bank digital currency was dropped from a must-pass defense bill now headed to the Senate.
Investor sentiment in crypto has plunged to its weakest level since March while precious metals climb and Washington sidesteps a budget standoff. The divergence is creating a risk-off backdrop that’s weighing on BTC confidence.
Bitcoin fell toward $98,000 on Thursday, extending a month-long string of lower lows as November echoes October's losses. Traders point to heightened uncertainty after President Trump signed the bill ending the recent US government shutdown.
Bitcoin slid nearly 7% in the past 24 hours to trade below $100,000, as a relief rally after the U.S. government shutdown ended failed to sustain buying interest. Traders cited profit-taking and lingering macro uncertainty.
A reported $1.3B ETH whale is preparing a $120 million purchase just as markets rallied after President Trump's bill reopened the U.S. government. Traders say the move highlights renewed risk appetite that could support ether in the near term.
Bitcoin did not experience the post-shutdown bounce many traders expected after the end of the longest US government shutdown. Market reaction was muted as macro and liquidity concerns outweighed any political relief rally.
Markets are showing early stabilization after President Trump signed a temporary budget to end the U.S. government shutdown. Total crypto market capitalization is down 0.6% over 24 hours but is beginning to tick higher.
The U.S. House is set to vote on a funding bill today after a more than 40-day shutdown, and Bitcoin climbed as markets priced in a government restart. Traders are treating the move as a positive for risk assets and crypto sentiment.