📰 News Alert...

🔖 Title: Crypto Market Update: Gold Rallies as Legislation Concerns Haunt Bitcoin and Ethereum

🗓️ Published: 2025-05-07T16:02:50+03:00

📄 Summary: In the latest episode of FOMO HOUR, hosts delve into the current state of the cryptocurrency market amidst rising concerns about potential US legislation that may impact digital currencies. Bitcoin (BTC) sees a slight dip to $93.7k, while Ethereum (ETH) drops to $1,765. Meanwhile, gold is rallying, indicating a shift in investor sentiment amid uncertainty in the crypto space. Major developments include Florida postponing BTC reserve bills and Semler Scientific's notable purchase of $16 million in BTC. The Commodity Futures Trading Commission (CFTC) is gearing up to observe pilot tokenisation programs, signaling a potential shift in regulatory focus. Despite the challenges, the total value locked (TVL) in tokenised real-world assets surpasses $22 billion. FOMO HOUR continues to be a key source for daily updates in the crypto and macroeconomic landscapes.

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