Beyond geopolitics, regulatory uncertainty is adding another layer of complexity to crypto markets. The proposed CLARITY Act has sparked concern among stablecoin issuers, while the SEC has delayed decisions on dozens of crypto ETF applications, leaving the market in a wait-and-see mode.

Meanwhile, key economic events—including statements from Jerome Powell and upcoming labor data—could further influence market direction. With reduced stock buybacks and rising oil prices, investors are navigating a mix of macro pressures that could shape crypto positioning in the short term.