Global Crypto Roundup: Bitcoin Climbs Above $60K on Fed Relief, CLARITY Act Nears Deadline, Gulf Nations Expand Digital Asset Frameworks
United States, July 2 -- from the United States and Canada to the Gulf Cooperation Council and Asia-Pacific - regulators, exchanges, and investors are reshaping the digital asset landscape at a remarkable pace.
Bitcoin Rebounds, CLARITY Act Awaits Senate Vote
Bitcoin surged 3.1% on July 1 to $60,336, recovering from a 21-month low of $57,950 hit just days earlier. The catalyst was Federal Reserve Chair Kevin Warsh's comments signalling "lower inflation risks," which led traders to dial back expectations for further interest rate hikes - a relief for risk assets including cryptocurrencies.
Ethereum rose in tandem, climbing 3.1% to $1,619.99, while Solana outperformed peers with a 6.2% daily gain to $77.74, posting an impressive 14.3% we...
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