Fed, Bitcoin
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CLARITY Act, Bitcoin and Crypto stocks
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Morgan Creek Capital CEO Mark Yusko has said that bitcoin’s fair value is $105,000 based on Metcalfe’s Law. Speaking on Bitcoin Magazine TV on Wednesday, the investment management firm said that now was the best time to buy the leading cryptocurrency as it is “on sale.
Bitcoin fell from over $126,000 in October 2025 to below $58,000 per token in July 2026. The leading cryptocurrency bottomed in July and has been climbing toward $80,000 over the past weeks.
Some crypto-related stocks were also rising Friday as U.S. stocks wavered. Bitcoin buyer Strategy ( MSTR ), until recently known as MicroStrategy, was up more than 4%. Crypto exchange Coinbase Global ( COIN) and miner Marathon Holdings ( MARA) were ahead more than 2%.
Bitcoin traded at $75,491 after falling around 4% a day earlier to as low as $75,026 and a Fed rate hike could further weigh on cryptocurrencies.
24/7 Wall St. on MSN
Bitcoin needs to reclaim $80,000. Here’s what has to happen first
Quick ReadBitcoin at $75,787 has failed to break $80,000 three times, blocked by 539,000 coins sold by long-term holders in that zone.Three conditions must align: a neutral Fed decision, a reversal of $463 million in ETF outflows,
Bitcoin holds above $76K after the Fed’s first rate hike in three years while Solana and Zcash lead a broad crypto market rebound.
Multinational bank Standard Chartered announced Thursday that it had debuted bitcoin spot trading for institutional clients in the United Arab Emirates. The bank said that eligible institutional clients would be able to use the service — the first of its kind in the country.