The White House’s closed-door meeting on the CLARITY Act is seen as a collaborative working session, not a confrontation, as talks focused on stablecoin yields.
Altcoins traded lower in the last 24 hours with moderate liquidations, while retail sentiment on Stocktwits stayed largely bullish across major tokens despite muted price action.
Federal Reserve Governor Christopher Waller said on Monday that the crypto sector is detached from the traditional finance world and thus can see ‘big crashes’.
Bitcoin and altcoins bounced modestly, but bearish sentiment, elevated liquidations, and macro uncertainty suggest the move reflects short-term relief rather than a durable trend reversal.
Jim Cramer said investor unease around Bitcoin resurfaced this week, pointing to Robinhood’s close correlation with the cryptocurrency as prices swung sharply near $60,000.
Crypto markets rebounded sharply after Thursday’s washout, driven by short liquidations, lifting Bitcoin above $70,000 and triggering a broad altcoin rally amid improving retail sentiment.
He was responding to a post on X from Sequoia partner Shaun Macguire that pointed to similarities like Elon Musk, Sam Altman, and Balaji Srinivasan being interested in both sectors.
