Bitcoin Shows Resilience But Lacks Upward Momentum Above $87,000
Bitcoin is demonstrating resilience alongside other risk assets against recent headwinds, according to Block Scholes analyst Thahbib Rahman. The analyst noted the U.S. Senate's failure to advance the Clarity Act crypto regulation bill and the Federal Reserve's potential interest rate hike in September as factors the market is navigating.
1138 GMT - Bitcoin is holding up alongside other risky assets despite recent major headwinds, Block Scholes analyst Thahbib Rahman says in a note. S. Senate's failure to advance the Clarity Act crypto regulation bill and the Federal Reserve's decision to raise interest rates in Septembe…