Test

The U.S. Securities and Exchange Commission has postponed its tokenized stocks framework. Bitcoin dropped below $76,000, wiping $150B from crypto market cap. Meanwhile, the ARMA bill proposes a 20-year U.S. Strategic Bitcoin Reserve with 1M BTC acquisition authority. BTC price at $75,200, down 4.3%. Long-term holders accumulating. MVRV at 2.4 neutral. Risk management: 5% max allocation, DCA strategy, avoid leverage until $76K reclaimed.