The crypto market ended the week higher even as U.S. equities slipped.
Summary
- Bitcoin gained 4.16% as total crypto capitalization rose 2.30% to $2.22 trillion during the week.
- CLARITY Act passage odds improved despite resistance over ethics, enforcement powers and political conflict concerns.
- Bridge attacks drained AFX and Allbridge while BitMEX scheduled its September exchange shutdown for users.
CoinMarketCap’s six-part recap placed total crypto capitalization at $2.22 trillion, up 2.30%, with Bitcoin gaining 4.16% and Ether rising 2.98%. The S&P 500 lost 0.53%, while the Nasdaq Composite barely moved. Altcoins also posted selective gains during the week.
