“Too soon to declare the ‘all clear,’ the market will likely remain volatile and idiosyncratic,” says Lisa Shalett, Chief Investment Officer at Morgan Stanley
From financial advisor surveys and money flows to Wall Street’s recent investments, a mounting pile of data points to a major ideological shift about Bitcoin at an institutional level—one that goes beyond empty talk.
If confirmed, Bessent could act as a catalyst for a crypto and bitcoin price boom by helping to establish a clear regulatory framework for digital assets.
Bitcoin price bounced back early Tuesday morning while Ethereum is up 3.3%, Avalanche 8.4%, Dogecoin gained 35.1%, Shiba Inu added 2.5%, BNB rose 1.1%, and XRP saw a 9.9% bump.
Bitcoin’s price is down 2.3% while the Ethereum price lost 1.8%. Altcoins are a mixed bag: Solana shed 3.1% off yesterday’s highs, Dogecoin 3.6%, Shiba Inu 2.5%, BNB 2.2%, and XRP 0.8%, while Cardano added 0.3%
Bitcoin's price is up 3.3%, while the Ethereum price added 3.2%. Most altcoins followed suit. Cardano price is up 2.7%, Solana 2.3%, Dogecoin 2.2%, Shiba Inu 2.3%, BNB 1.2%, and XRP 2.1%.