CLARITY Act Deadline, Bitcoin Holds $64K & XRP ETF Demand Collapses | Daily Crypto Roundup

Bitcoin is battling to hold the $64,000 level as markets weaken, oil pushes towards $100 and traders place nearly $5 billion of bullish bets around $70,000 and $72,000.

In today’s Daily Crypto Roundup, we cover the CLARITY Act running out of time before the congressional summer recess, Coinbase and Glassnode spotting early signs of a potential Bitcoin bottom, and the growing pressure on Bitcoin treasury companies being forced to sell their holdings.

We also examine the collapse in XRP ETF demand, Ripple’s latest RLUSD expansion, new European Union sanctions targeting crypto networks linked to Russia, and the wave of shutdowns and bankruptcies hitting BitMEX, Poolin and Odos Protocol.

Warning: Cryptocurrency trading involves a risk of loss. This podcast is for information and entertainment purposes only and does not constitute financial advice.

We will see you at the top.