CryptoQuant says Bitcoin remains in a bullish market zone despite slowing momentum.
The CLARITY Act remains stalled, according to the report.
Federal Reserve rate hikes are weighing on Bitcoin’s momentum, CryptoQuant says.
Bitcoin remains in a bullish market zone, but its momentum is slowing, CryptoQuant says. The firm identifies the stalled CLARITY Act, a proposed crypto-regulation bill, and Federal Reserve rate hikes as pressures weighing on the market.