Dovish Fed Comments, MSTR Buying More Bitcoin Lifts Crypto Space

Adam Lynch of Charles Schwab says September tends to be a slower month for cryptocurrencies, until Thursday, thanks in part to dovish comments from Fed governor Christopher Waller. For Bitcoin and Ethereum to experience a true, sustained breakout above $80,000, Adam says he needs to see more dovish Fed commentary and a reassurance of regulation via legislation like the Clarity Act. He turns to Strategy (MSTR) as the company resume its Bitcoin purchases after a 10-week pause.