Leading cryptocurrencies experienced a sharp decline on Monday as investors evaluated updates regarding the Clarity Act and the recent pause in U.S.–Iran hostilities.
Crypto Market Tumbles
Bitcoin nearly dropped below $63,000 during a sudden evening sell-off, while more than doubled.
More than $670 million was <a locked and loaded."
Big Move Around the Corner?
Ali Martinez, a prominent cryptocurrency analyst and trader, observed that Bitcoin’s 3-day Bollinger Bands are tightening around the $65,000 mark.