Strategy CEO says crypto market could regain momentum this fall

Strategy CEO Phong Le said on X that the cryptocurrency market has been quiet in late summer, but is likely to regain momentum in the fall. Le added that key variables for the market could include the introduction of regulatory innovation exemptions, progress on the Clarity Act, broader BTC adoption by banks, growth in digital credit and digital money markets, macroeconomic stability, easing geopolitical tensions, and the U.S. midterm elections. Le also said the crypto market remains in its early stages. Meanwhile, Strategy recently sold around 3,327 BTC over the past two weeks. According to CoinMarketCap, BTC was trading at $62,684.23, down 0.64%, at the time of writing.