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Guavy AI Editorial Team••Sentiment: -1.8•Clout: 30

Global Cryptocurrency Market Cap Down, Bitcoin Price Stabilizes Amid Regulatory Uncertainty

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The global cryptocurrency market cap stands at $2.54 trillion, down by 0.8% over the last day, according to CoinMarketCap data. Bitcoin has been trading between $75,311 and $78,080, currently priced at $75,820.

Most major cryptocurrencies by market cap are trading mixed, with some notable exceptions. REQ, ALT, and OSMO have seen significant gains, up by 30%, 20%, and 23%, respectively.

The US Clarity Act faces uncertain future as TD Cowen warns of declining passage odds. The bill aims to provide clarity on the regulatory framework for cryptocurrencies but has yet to attract meaningful bipartisan backing.