Crypto Market Daily Update | The cryptocurrency market rebounds amid volatility, with Bitcoin consolidating above $89,000; a breakthrough emerges in the Senate Agriculture Committee’s crypto legislation negotiations as Democrats express willingness to ret
January 27: The cryptocurrency market rebounded after fluctuations. As of press time, $Bitcoin (BTC.CC)$Bitcoin rose by 1.02%, trading at $88,534.17; $Ethereum (ETH.CC)$Ethereum increased by 1.34%, quoted at $2,938.24.
Key Focus
According to a report by The Block, the U.S. Senate Agriculture Committee originally planned to review and vote on comprehensive cryptocurrency legislation this Tuesday but postponed the session to Thursday due to weather conditions. A Democratic aide familiar with the negotiations stated that despite Republicans unilaterally drafting a new version of the bill in early January without consulting Democrats and proceeding with the vote, which disrupted bipartisan cooperation, a group of Democratic lawmakers remains…
