What happened on the crypto market last night?


• The U.S. Senate passed a bill banning the Federal Reserve from creating a central bank digital currency
• Trump signed an executive order setting 2031 as the deadline for migration to post-quantum cryptography
• According to Galaxy Research, Bitcoin has fallen about 49% from its cycle peak, a less severe decline than in previous cycles
• Sharplink's investment director believes that Ethereum is currently heavily undervalued and that traditional models struggle to estimate its fair value
• Seasonality is becoming less favorable for Bitcoin as summer progresses, with average returns reaching their lowest level in September
BTC-1.95%
ETH-3.16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments