Briefing: Bitcoin down 32% a year after peak, CFTC opens crypto rulemaking
- —Bitcoin at $85,453, down 32% from its $126,000 peak a year ago
- —Past cycle drawdowns a year after peaks ranged from 69.7% to 82.3%
- —CFTC opened pre-rulemaking consultations after CLARITY Act failure
- —Glamsterdam activated on Sepolia; Hoodi and mainnet dates unset
Why it matters: A shallower drawdown and the start of CFTC rulemaking could ease regulatory uncertainty for the market.
Source: TokenPost