Bitcoin is holding near $113,000 after briefly falling below $112,000 early Saturday, following the largest net outflow from U.S. Bitcoin ETFs in six months and a wave of market anxiety over revised U.S. labor data. Despite the dip, sentiment remains constructive as the macro picture settles: the Federal Reserve chose to keep rates steady this week, and a sweeping new U.S. crypto strategy was unveiled, offering regulatory clarity many companies have been waiting for. The largest cryptocurrency hit a low of $111,903 before recovering. At the time of writing, it trades around $113,430. While that’s down from its recent local high near $119,000, Bitcoin still shows year-to-date gains of nearly 25%, comfortably outperforming major U.S. stock indices and retaining strong institutional support. At the July meeting, the Federal Reserve opted to keep its benchmark interest rate steady at a target range of 4.25% to 4.5%, where it’s held since December. Chair Jerome Powell’s cautious tone suggested rates could stay elevated longer than markets had hoped, despite rising political pressure for cuts. Notably, two Fed governors, Michelle Bowman and Chris Waller, dissented from the decision, advocating for a 25 basis point cut. It was the first such split since 1993. “The Fed is clearly in wait-and-see mode,” said Joe DiPasquale, CEO of BitBull Capital. “Mentions of tariffs pushing up goods prices show they’re still watching inflation closely. For crypto, that likely means sideways price action until we get a clearer signal on cuts.” Still, crypto investors aren’t waiting on the Fed alone. Analysts say this cycle’s momentum appears more durable than previous rallies, driven less by retail speculation and more by institutional inflows, including record volumes into spot Bitcoin ETFs and a wave of corporate adoption of crypto as a treasury asset. Adding to the macro narrative: On Wednesday, the White House released a 163-page national digital asset strategy – the most comprehensive federal crypto framework to date. The report outlines regulatory objectives for stablecoin oversight, tax policy, and the use of enforcement powers by the SEC and CFTC. It also backs legislative proposals like the Clarity Act, which could standardize how tokens are classified and traded in the U.S. While the document largely reaffirms priorities already voiced by the Trump administration, industry observers welcomed the increased visibility. One White House official called it “the most comprehensive piece of work on digital assets that’s ever been produced.” Importantly, the report urges companies to begin preparing now, even in the absence of new legislation. The message is clear: regulatory clarity is approaching, and those waiting on the sidelines may soon be left behind. Projects looking to attract institutional capital or pursue public listings have started to respond. Many are restructuring their legal entities, auditing token models, and aligning with U.S. market disclosure standards (often behind the scenes). For these teams, compliance isn’t a reaction to enforcement risk but a signal of maturity, a way to build trust with investors before the next wave of capital fully arrives. Experts across global legal and financial circles have begun weighing in on what this moment means for companies operating at the intersection of crypto and capital markets. Among them is Lionel Iruk Esq., a seasoned blockchain and fintech attorney who leads legal and regulatory strategy at NAVmarkets . With deep experience navigating both U.S. securities law and international compliance frameworks, Iruk advises teams preparing for token-to-equity transitions, public listings, and global treasury alignment. “The Fed holding rates steady keeps the macro landscape predictable for now, but the real shift is regulatory,” Iruk said. “Clearer policy signals, especially from the White House, are prompting serious teams to lock in legal frameworks, structure their asset strategies, and prepare for broader market participation across jurisdictions.” At NAVMarkets, Iruk leads legal and regulatory strategy for both crypto-native and traditional companies seeking to align their asset models with capital market requirements, often as part of a broader transition toward public-market readiness or strategic crypto integration. NAVMarkets Helps Both Sides of the Market Prepare for Real Adoption NAVMarkets guides both Web2 and Web3 companies through the tricky parts of crypto, like regulation, fundraising, and going public, so they can focus on growth. With U.S. crypto policy starting to take shape and the Federal Reserve signaling steady interest rates, companies on both sides of the aisle are rethinking how they approach structure, compliance, and capital strategy. For traditional businesses, many of which are exploring blockchain integration for the first time, NAV helps build the legal and financial foundations to enter crypto markets responsibly. That could mean launching a tokenized product, onboarding Bitcoin as part of a treasury strategy, or creating a compliant blockchain subsidiary without exposing the core business. The focus is on long-term flexibility and regulatory alignment, especially as global scrutiny of digital assets increases. NAV also works with crypto-native teams looking to mature their operations and access traditional capital markets. Their support ranges from corporate restructuring to public listings via reverse mergers, SPACs, or uplistings, often through dual-asset structures that combine a company’s token ecosystem with a traditional equity layer. This hybrid approach can make regulators and institutional investors more comfortable, particularly when combined with clear governance and disclosure practices. Bitcoin treasury strategies have also become part of NAV’s playbook, especially as more companies look for ways to hedge inflation and align with investor expectations. With corporate Bitcoin allocations hitting record highs this year, there’s growing interest in doing it the right way – from custody and legal structuring to audit-ready reporting across jurisdictions. Market Outlook The next few months could prove decisive for crypto’s long-term relationship with traditional finance. With the Fed holding rates steady and regulatory guidance beginning to take shape, investors and operators alike are preparing for a market where compliance and clarity matter more than ever. Bitcoin’s dip below $112,000 may have rattled some short-term traders, but many see it as a natural correction after a strong multi-month rally. As spot ETFs continue to evolve and global regulation firms up, the long-term case for Bitcoin as both a treasury asset and capital markets gateway remains intact. While macro headlines may continue to swing sentiment in the short term, the deeper shift is structural: crypto is slowly being absorbed into the frameworks of public markets, regulated funds, and institutional portfolios. This means companies, whether they started in Web2 or Web3, need a way to participate without getting caught offside. “We’re entering a phase where strong legal footing and real-world alignment matter just as much as tech innovation,” said Lionel. “The companies that prepare early, on both the crypto and traditional side, will have more options when the next wave of capital hits.” As policy frameworks continue to solidify and investor expectations rise, firms that took the time to build real infrastructure may be best positioned – not just to list, but to lead in the next chapter of digital finance. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
