CLARITY Act gains momentum as Trump accepts ethics rules; Bitcoin hits $79,000
U.S. President Trump has accepted the ethics regulations central to the CLARITY Act, signaling a green light for a Senate vote. Following the news, Bitcoin reached $79,000. Meanwhile, Wall Street is debating the potential for AI-driven existential risks, leading to a decline in related stocks. Amid broader financial instability, characterized by the 10-year U.S. Treasury yield exceeding 5%, market participants are increasingly looking to Bitcoin as a potential safe-haven asset.
Summaries are written by AI from the original article. Not investment advice.