Bitcoin has retreated by approximately 6% after reaching highs of nearly USD 98,000 earlier last week, as uncertainty surrounding US crypto regulation and renewed trade tensions weighed on broader market sentiment. The pullback follows delays in the approval of the US crypto market structure bill, known as the CLARITY Act, alongside resurfacing tariff concerns between the United States and the European Union, which have unsettled risk appetite across global markets. Commenting on the developments, Simon Peters, Crypto Analyst at eToro, said: “The CLARITY Act, which aims to establish a clear ...