🏦 BANKING COMMITTEE WATCH: SILENCE BEFORE THE MOVE
Senate Banking Chair Tim Scott says “everyone remains at the table working in good faith” — but gave no timeline on when the markup will be rescheduled.
That delay matters. No markup = no near-term regulatory clarity. Markets usually read this as policy risk staying elevated, which can keep TradFi cautious and push crypto traders into range-bound, volatility setups instead of long-term bets.
Smart money angle 👀
When legislation stalls, liquidity waits. Short-term traders often focus on key support holds, while institutions stay sidelined until dates are confirmed. Any sudden scheduling update could act as a headline catalyst.
Market note: stay nimble, trade reactions not hope.
#Crypto #Bitcoin #Regulation #Markets $BTC

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