Bitcoin was recently trading at $72,660, up more than 6% in 24 hours after reaching $72,890, as macroeconomist and author Lyn Alden said the asset had few remaining downside catalysts. In a Thursday CNBC interview, Alden said fast money had been washed out and market observers no longer expected Bitcoin treasury Strategy to sell. She said Bitcoin was near the low end of its valuation and sentiment range, with even modest gains potentially drawing technical traders and, later, momentum traders back into the market. Bitcoin also rose after President Trump met crypto executives at the White House and urged lawmakers to pass the Clarity Act, a long-anticipated crypto market structure bill. The House of Representatives passed the legislation last year, but it has remained largely deadlocked in 2026; a vote once hoped for in August is now expected in September. Alden cautioned that Bitcoin was not necessarily out of the woods but said under-owned hard assets could win over the long run. Bitcoin reached a record $126,080 in October before entering a 2026 bear market as traders shifted toward artificial intelligence-related technology stocks and the Federal Reserve signaled that interest rates may not fall soon.