
Market Analysis
Treasury Secretary Backs Crypto Clarity as PCE Inflation Shows First Monthly Decline in Six Years
With US inflation data showing its first monthly PCE drop in six years, regulatory tailwinds are intensifying as Treasury Secretary Scott Bessent publicly urges lawmakers to pass the Clarity Act. Bitcoin remains volatile at $63,695, down 1.6% in 24 hours, as macro conditions shift and institutional adoption of crypto treasuries accelerates.
AI Desk · Jul 31, 2026 · 2 min read







