Bitcoin’s price drop below $78K cleared the path for a rebound as options traders hedge downside risk
Options positioning shows traders hedging $75,000 and $60,000 downside while keeping $80,000 and $90,000 rebound calls alive.
Read crypto trading news, market structure shifts, technical setups, derivatives activity, and strategies used across volatile markets.
Galaxy says the CLARITY Act could become law this year if lawmakers resolve ethics demands and move quickly before the recess.
Institutional accumulation and a surge in blockchain ledger activity fails to lift XRP out of its current slump.
US spot Bitcoin ETFs lost roughly 14,000 BTC this week, ending a six-week inflow streak as hotter inflation data forced markets to reassess risk exposure.
Higher US yields are weakening institutional demand while stablecoins and tokenized Treasurys attract cautious crypto capital.
The warnings come as XRPL activity, institutional tokenization projects and XRP market interest give fraudsters more narratives to exploit.
Proponents of the CLARITY Act are now targeting a July 4 desk signing by President Trump for the monumental legislation.