⚡ JUST IN 💥$BTC 🔥🚨 In an exclusive interview with CNBC, US Treasury Secretary Scott Bessent made critical statements on a range of topics, from volatility in the cryptocurrency market to regulatory changes.

Bessent criticized some firms in the industry for obstructing legal regulations and stated that the clarity law, known as the “Clarity Act,” should be enacted as soon as possible.

US Treasury Secretary Scott Bessent delivered important messages about the future of the cryptocurrency market and the Trump administration’s digital asset strategy. Bessent, who considers Bitcoin a representative of the cryptocurrency market, stated that the current sharp declines in the market are consistent with historical cycles.$BNB

Bessent, evaluating the sharp price movements in Bitcoin, stated that high volatility is inherent in cryptocurrencies. He noted that historical data shows Bitcoin experiences average sell-offs of 58%, and a similar situation is currently observed.