US banks have pushed a tough stance during White House discussions on the Clarity Act, insisting that stablecoins should not offer any yield. Their position aims to limit competition with traditional banking products and keep interest-bearing assets firmly under bank control. Against this backdrop, #Bitcoin is being pressed toward the lower bound of its current range. A breakdown below this level could open the door to a return to February 5 price levels. ๐ #CryptoScam $BTC
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US banks have pushed a tough stance during White House discussions on the Clarity Act, insisting that stablecoins should not offer any yield. Their position aims to limit competition with traditional banking products and keep interest-bearing assets firmly under bank control. Against this backdrop, #Bitcoin is being pressed toward the lower bound of its current range. A breakdown below this level could open the door to a return to February 5 price levels. ๐
#CryptoScam
$BTC