Daily Market Wrap | Jan. 30

Hot Topics

• Bitcoin drops below $84,000.
• CFTC joins SEC's Project Crypto to modernize crypto regulations pending congressional legislation.

Market Updates

• Brock Pierce-backed Bit Digital announces full wind-down of Bitcoin mining to focus on Ethereum treasury and AI.
• Benchmark analyst calls Bitcoin's quantum risk long-dated and manageable, countering panic with decades for adaptation.