Bitcoin Price Eyes Bulls as Crypto Market Structure Bill Draft Finally Drops. 😻

Bitcoin price has shown signs of consolidation recently, hovering around the $105k, eyeing a potential bullish trend. Despite a 1.45% decline in the overall crypto market over the past 24 hours, Bitcoin remains in focus. This follows a 5.86% drop over the past month, though a price resurgence was seen just the day before. Investors are hopeful, especially with the release of the Crypto market structure bill draft, which could impact market direction.

Meanwhile, the interest in the crypto sector has the potential to be increased by the fact that the U.S. Senate has approved a funding bill that would prevent a government shutdown, which has increased optimism. On the other hand, the other cryptocurrencies, such as Ethereum $ETH Solana $SOL , Dogecoin, Shiba Inu, and Cardano, are largely trading in a sideways trend.

#USGovShutdownEnd? #StrategyBTCPurchase $BTC

BTC
BTC
68,607.94
-1.97%

ETH
ETH
1,957.91
-6.43%