The single biggest regulatory question for US crypto right now is which agency has primary jurisdiction. Here is what is at stake.
Why this matters
This is the kind of move that signals where the market is heading. The price action above is consistent with our daily model output — see the predictions page for forecasts on all major coins.
What to watch
- Volume confirmation on the next session
- Whether the move holds through US-hours trading
- Reaction from major derivatives venues
For more context on how we read these signals, see our reading market signals primer.