Mars Finance News: 21Shares crypto research strategist Matt Mena stated that US stocks are experiencing volatility amid macroeconomic uncertainty, while BTC demonstrates resilience by defending the $84,000-$85,000 support zone. The Coin Bureau founder Nic Puckrin noted that the PCE data to be released this Friday might cause the Federal Reserve to postpone near-term rate cut plans, and Bitcoin is not expected to return to its all-time high before the Fed's next rate cut. Long-term positive catalysts are forming in the crypto market, including the potential confirmation of crypto-friendly Paul Atkins as SEC chairman, which could unlock Ethereum ETF staking and approve other digital asset ETFs. Additionally, the proposed US strategic BTC reserve legislation is expected to be introduced in May. If formally implemented, it would elevate Bitcoin to a sovereign-level asset alongside gold. (Benzinga)
21Shares: Bitcoin is still defending the $84,000-85,000 support area, but long-term positive catalysts are forming
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