Subramanyan
03-05 18:44

The market consensus seems that the recent 15% surge in Coinbase & 7% jump in Bitcoin are largely attributed to a high-stakes meeting between CEO Brian Armstrong and President Trump on 3 Mar, 2026. Thr bear case h8nges  on the outlook for the CLARITY Act &  GENIUS Act. Ans the bear case rests on the dictum: Buy the Rumor, Sell the News.

One key thing to look out for is if BTC settles around $74,000 i- that will be the golden rubicon  to confirm the bearish sentiments of early 2026 has been fully stopped.

Can Bitcoin Sustain Its Uptrend After Breaking $70,000?
Bitcoin (BTC) surged 7% while Coinbase (COIN) ignited for a 15% gain following reports of a high-stakes private meeting between President Trump and Coinbase CEO Brian Armstrong on Tuesday. With derivatives trading volume doubling and the listing of OpenAI-related tokens (LMTS), COIN is evolving from a pure exchange into a regulated financial infrastructure platform. With Coinbase leading the charge, would you take profit or buy on the news? Is bitcoin getting out of the woods?
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