According to CoinMarketCap data, Bitcoin price climbed above the $75,000 mark on August 21, gaining approximately 19% over the past seven days. Analysts at VanEck believe Bitcoin has now stabilized and that the cycle bottom is behind it. Ethereum also climbed above $2,300, rising by more than 26% in recent days. Market observers suggest the sector is either entering an accumulation phase or is already there.
Fidelity has examined how artificial intelligence could reshape the cryptocurrency market. According to the analysts, AI agents could emerge as a new class of market players, continuously executing transactions and interacting directly with financial services. Fidelity also noted that public blockchains could face growing competitive pressure from payment companies, exchanges, banks, and technology platforms developing proprietary infrastructure for AI agents.
A recent Reuters/Ipsos poll revealed that most Americans consider Donald Trump’s profits from cryptocurrency inappropriate. During his second term, the U.S. president has pursued broadly crypto-friendly policies. At the same time, senators have previously pointed to a potential conflict of interest involving the Trump family’s crypto-related business activities as one of the obstacles complicating passage of the CLARITY Act, a key piece of legislation for the industry.