Bitcoin Taps & Rebound Off $80K as Federal Agencies Add Crypto Guardrails

<p>Bitcoin dipped below $80,000 for the first time in roughly a month Thursday before rebounding later in the session. Adam Lynch of Charles Schwab turns to what he&#39;s watching when it comes to price action in Bitcoin and Ethereum as they remain 25% and 35% lower year-over-year, respectively. That said, Adam believes Bitcoin trends point to the cryptocurrency&#39;s momentum staying intact long-term. He adds that regulation processes in Washington, D.C. are continuing even after the Clarity Act failed in the Senate.</p><p><br></p><p>======== Schwab Network ========</p><p>Empowering every investor and trader, every market day.</p><p> </p><p>Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe</p><p>Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185</p><p>Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7</p><p>Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch</p><p>Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore</p><p>Watch on DistroTV - https://www.distro.tv/live/schwab-network/</p><p>Follow us on X – https://twitter.com/schwabnetwork</p><p>Follow us on Facebook – https://www.facebook.com/schwabnetwork</p><p>Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/</p><p> </p><p>About Schwab Network - https://schwabnetwork.com/about</p><p><br></p>