Bitcoin (BTC) consolidates around $77,000 at the time of writing on Monday after declining more than 6% over the past two weeks. Market sentiment remains mixed as uncertainty over key issues in a potential US-Iran peace deal persists, reducing the chances of an imminent deal.
The US Securities and Exchange Commission (SEC) is expected to release an “innovation exemption” framework for tokenized stock trading, which could create a 24/7, decentralized vertical.
Cryptocurrency prices are broadly edging lower on Monday, with Bitcoin (BTC) trading below $77,000. This downturn represents a 7% pullback from Bitcoin’s May high of $82,850, underscoring a broad shift toward risk-off sentiment across crypto markets.