Crypto bears retreat as BTC holds, LSK, ARB, NEAR and ZEC lead altcoin bounce

Crypto Insight Summary: Altcoin holders are having a great day Friday as a market-wide bounce has seen major tokens print green over the last 24 hours. Bitcoin also reclaimed $78,000, as the leading crypto brushed off the letdown from the CLARITY Act stalling and the Federal Reserve’s rate hike. BTC’s return above the $78,000 level capped three straight... Crypto Insight Analysis: Direction: Bullish BTC / Bullish ARB / Bullish NEAR / Bullish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Altcoins and BTC rally on short-term relief from rate hike and regulatory concerns.