Crypto, banks continue Senate bill spat with new proposal concerns: Report
Burns Brief
Senator Thom Tillis will publicly share an agreement to end a crypto and banking clash over stablecoin yields, but both sides are resisting the proposal, Politico reports The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Senator Thom Tillis will publicly share an agreement to end a crypto and banking clash over stablecoin yields, but both sides are resisting the proposal, Politico reports.
Key Takeaways
- Senator Thom Tillis will publicly share an agreement to end a crypto and banking clash over stablecoin yields, but both sides are resisting the proposal, Politico reports