Key Drivers & Regulation
· ETF Inflows: Institutional demand remains strong, with net inflows into U.S. spot Bitcoin ETFs reaching $597 million over the past two days, providing a solid price floor .
· Regulatory Progress: The White House is reportedly accelerating a crypto market structure bill, while the SEC held a roundtable on the "CLARITY Act" today, aiming to classify Bitcoin as a commodity under CFTC jurisdiction .
· Macro Factors: Renewed hopes for a U.S.-Iran ceasefire (currently under discussion) have improved broader risk appetite, which indirectly supports crypto prices .
BTC
65,689.04
-0.79%