BTC Price Forecast: Pro-Crypto Policies Spark $1.8B BTC-Spot ETF Inflows
Expectations of Trump repealing President Biden’s veto of the SEC’s SAB 121 regulation vote may amplify BTC demand.
Staff Accounting Bulletin 121 (SAB 121) is an SEC requirement for companies, including banks, to hold crypto assets on their balance sheets even if they hold the cryptos under customer custody. The regulation makes it expensive for banks to hold crypto under custody for clients, limiting crypto services and BTC demand.
Dive deeper into the influence of macroeconomic data, US crypto policies, and BTC-spot ETF market flows on price action. Follow our analysis and forecasts here to manage crypto-related risks.
Technical Analysis
Bitcoin Analysis
Despite Saturday’s drop, BTC sits well above the 50-day and 200-day…
