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Major cryptocurrencies traded higher on Thursday following the bipartisan passage of the Clarity Act by the Senate Banking Committee.
Crypto Market Pops
Bitcoin reached $82,000 during the afternoon before leveling off into a sideways trend. Trading volume for the asset surged by 27% over the 24-hour window. Dogecoin also posted gains.
Stocks tied to the cryptocurrency sector saw a rally, with <a If this floor holds btc could be positioned for a rebound back toward the channel top which currently sits near analyst said."
Failure to maintain this support level, however, could “trigger a retest of lower support zones.”
