Cryptocurrency options trading platform BIT assessed that "President Trump's recent remark that the U.S. is leading in cryptocurrencies' had a positive impact on improving investment sentiment in the cryptocurrency market." It added, "Market attention is currently shifting to the U.S. CLARITY Act. The passage of this bill is expected to be decided by August 7, before the U.S. Senate's summer recess. Furthermore, the White House's recent announcement that it is preparing the detailed structure for strategic BTC reserves and cryptocurrency stockpiling strategies also acted as a favorable factor for the market."
