Today, Bitcoin falls below the $90,000 level to end the [music] week. And Blockchain Association CEO Summer Mercinger previews the policy summit, which kicks off on Monday. Welcome to CNBC's Crypto World.I'm Mackenzie [music] Sagalos. Crypto prices are in the red to end the week. In contrast with the S&P 500, which actually rose as traders digested inflation data that could inform the Fed's upcoming rate decision.Now, as of noon Eastern, Bitcoin traded below 90K once again after spending the past 3 days abo ...

Market Sentiment and Macroeconomic Factors - The crypto market is likely approaching a bottom, with value emerging and stabilization observed in market drivers [1] - Macroeconomic shifts, particularly changes in US policy outlook and concerns about the labor and credit markets, have weighed on crypto [2][3] - A "jittery" crypto market exists due to concerns around a perceived 4-year cycle, though this perception may be misguided [4][5] - Crypto is no longer an isolated ecosystem; it's a $4 trillion mid-size alternatives asset class correlated to the broader economy [8] Institutional Investment and Market Structure - Misperception exists that digital asset treasuries are selling off crypto due to price drops; however, there has been virtually no selling by these vehicles [12] - Progress on market structure legislation in the US Senate is a potential positive catalyst for driving institutional investment [14][15] - Investors should focus on ETF flows as a barometer for shorter-term market sentiment; stabilization in these flows could confirm a bottom [16][17] Portfolio Diversification - Crypto, like other commodity markets, exhibits some beta to broader equity market moves and Fed policy, but also marches to its own drummer, offering diversification benefits [9] - Incorporating crypto into a diversified portfolio is still seen as beneficial for the longer term, despite recent market moves [10]

Today, crypto prices rise as a delayed September inflation read showed prices rose less than expected. President Trump addresses his decision to pardon Binance founder Changpang Xiao. And Rebecca Reddig of Geto Labs breaks down her conversations with lawmakers this week as the crypto industry pushes for comprehensive regulation.[Music] Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos. Digital currencies are in the green as we head into the weekend and as we get a fresh read on inflation despite the on ...

According to Eleanor Terrett, several crypto company executives will attend a roundtable with pro-crypto Senate Democrats this Wednesday to discuss market structure legislation and industry outlook. Expected participants include executives from Coinbase, Chainlink, Galaxy, Kraken, Uniswap, Circle, and Ripple. The meeting is led by Senator Kirsten Gillibrand.https://t.co/s1bSm03ZsF ...