Recently, Bitcoin (BTC) reached a peak of 80,000 USD before a market correction. The sentiment in the market remains low, as indicated by the Fear & Greed Index which currently stands at a score of 20, reflecting extreme fear.

A new investment strategy aims to gather 21 billion USD for perpetual shares in Bitcoin, while the Office of the Comptroller of the Currency (OCC) is facilitating broader participation of banks in cryptocurrency.

Legislation surrounding stablecoins is anticipated by August, with discussions around incorporating Bitcoin into U.S. Gold reserves taking place, alongside recent advancements in Bitcoin legislation in Utah.