Bitcoin is stuck below $75,000 even after landmark SEC, CFTC crypto rules.
The first joint statement from U.S. regulators on how securities laws apply to various crypto assets didn't generate enough momentum to push $BTC , the top cryptocurrency trading at $72,349.49, above the $75,000 mark. This interpretive guidance from the SEC and CFTC, which isn't legally binding like an official rule, categorized digital tokens into five groups—digital commodities, digital collectibles, digital tools, stablecoins, and digital securities—and cleared up a key area of market uncertainty.