Bitcoin surges past $66,500 on new US crypto re...
Bitcoin climbed above $66,500 for the first time since July, driven by the SEC's new Regulation Crypto Assets proposal easing fundraising rules, increased US Treasury bond buybacks boosting liquidity, and a high-level White House meeting with crypto executives to advance crypto legislation. These developments sparked a reversal in institutional ETF flows, with significant inflows into Bitcoin ETFs signaling strong institutional confidence. Technical analysis cited in the report confirms a bullish trend, suggesting sustained momentum amid improving regulatory clarity.
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